Exports serve as an engine of economic growth and can potentially help countries come out of poverty and unemployment …. However, as the production process is increasingly getting fragmented globally, greater exports no longer imply higher … domestic production, as imports of intermediate products used as inputs in exports also increase. Global Value Chains (GVCs …

The decision to serve foreign markets through exports or foreign direct investment (FDI) has been studied within … between exports and FDI using service-level data for firms in Belgium selling services abroad. Three different types of …