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Economic transformations in the world economy are progressing in two divergent directions - international production …
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Recent economic transformations in the world economy are progressing in two divergent directions – international … systems, fragmentation and clustering are two sides of the same coin. By outlining the picture of a world economy structured …
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This paper examines the association between participation in global value chains and financial globalisation measured by international net and capital flows. The results show that financial globalisation and the rise of global value chains are related but not two sides of the same coin. In fact,...
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