This study investigates Austria's positions in international production sharing and global value chains exploiting the recently available Global Input-Output Database (WIOD). Researchers and policy-makers become increasingly aware of the fact that production processes are more and more organised...

"This brilliantly original book dismantles the underlying assumptions that drive the decisions made by companies and governments the world over to show that our shared narrative of the global economy is deeply flawed and, if left unexamined, will lead corporations and countries astray, with dire...

This paper attempts to quantify the impact of economic policy uncertainty on overall trade and trade linked to global value chains. Using new data on policy uncertainty for 18 countries and 24 years, it finds a statistically significant negative impact of policy uncertainty on overall trade...