Arriola, Christine; Guilloux-Nefussi, Sophie; Koh, Seung-Hee - 2020
expanding international specialisation in GVCs are worth the associated risks of transmission of shocks and even whether … the scope for cushioning shocks. This paper builds on on-going OECD analysis and aims at providing empirical evidence to … scenario, countries are less exposed to foreign shocks, but they are also less efficient and less able to cushion shocks …