The increasing spread of global value chains (GVCs) worldwide has been one of the most prominent features of the global economy for the last three decades. Production of goods and services is sliced into stages so that intermediate inputs are sourced from most efficient producers often located...

Global value chains which have spread across the world economy require a strong global institutional framework to address new challenges and further trade liberalisation going far beyond tariff reduction with services, investment and regulatory issues gaining on importance. The revealed greater...

This paper considers the linkages between output growth and output volatility for the sample of G7 countries over the period 1958M2-2011M7, thereby paying particular attention to spillovers within and between countries. Using the VAR-based spillover index approach by Diebold and Yilmaz (2012),...

Some countries and regions have been more successful than others in developing information technology-business process outsourcing (IT-BPO) services industries. India and the Philippines in particular have offered educated human resources at low cost, attractive fiscal incentives, and industrial...

BPO vendors take care of non-core - but essential - business needs and support functions. BPO is defined as delegating a business process or function to skilled and experienced professionals. India involves the competitive advantages of one location over others in terms of location, people...