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The catching-up of countries in the Global South to productivity levels and living standards of the Global North is the exception. There are two main economic explanations for this. First, developing countries are pushed to low-tech-labor-intensive productions and tasks in global value chains....
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Success in development over the past half-century was based on manufacturing-led export growth. Because the share of global employment in manufacturing will decline, manufacturing won't play the same role in the coming decades. An increase in manufacturing employment won't suffice to meet the...
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In diesem Artikel diskutieren wir die Notwendigkeit von Industriepolitik und die Rolle der Entwicklungsbanken für … wirtschaftliche Entwicklung. Der Aufholprozess der Länder des globalen Südens auf das Produktivitätsniveau und den Lebensstandard des … Erleichterung des wirtschaftlichen Aufholprozesses des globalen Südens als Teil der notwendigen Industriepolitik. Sie können …
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The Korean apparel industry is a high value-added industry that creates value by fusing fashion design, highly-sensitive and functional materials and brand value.In addition, the apparel industry, which consists of planning and design - patterns, samples, sewing and marketing - is a job-creating...
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Global Value Chains (GVCs) started to play an increasing and key role in the global economy from the 1990s on. The market mechanism in GVCs supports industrialisation in the Global South and under certain conditions product and process upgrading. But GVCs do not lead to the catching-up of...
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