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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...
Persistent link: https://www.econbiz.de/10012061427
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India presents an unique example of manufacturing capability in most sectors, but low integration into GVCs. This paper examines the reasons for India's low integration into GVCs, especially in the manufacturing sector. It argues that one of the reasons for India's low integration into GVCs is...
Persistent link: https://www.econbiz.de/10012159858
India presents an unique example of manufacturing capability in most sectors, but low integration into GVCs. This paper examines the reasons for India's low integration into GVCs, especially in the manufacturing sector. It argues that one of the reasons for India's low integration into GVCs is...
Persistent link: https://www.econbiz.de/10012625344
Multinational corporations account for 80 percent of all transfers of goods and services across borders, either within their own affiliate transactions or through networks with independent providers. As a result, the term supply chains is rapidly becoming the new norm in discussing the spread of...
Persistent link: https://www.econbiz.de/10011095420
The textile and garment industry in Vietnam has achieved fast expansion in terms of production capacity and export value in all three areas of fibre, textile and clothing manufacturing since the early 2000s. However, the growth of the industry has been mainly attributed to the increase of labour...
Persistent link: https://www.econbiz.de/10012195125
The textile and garment industry in Vietnam has achieved fast expansion in terms of production capacity and export value in all three areas of fibre, textile and clothing manufacturing since the early 2000s. However, the growth of the industry has been mainly attributed to the increase of labour...
Persistent link: https://www.econbiz.de/10012196449
This paper argues that the single most important factor that explains East Asia's development success was its fast structural transformation toward industrialization, manufacturing in particular. Workers moved out of agriculture into manufacturing, and the sector diversified and upgraded its...
Persistent link: https://www.econbiz.de/10011880565
This research report investigates the relationship between the growing integration into global and regional value chains (VCs) and structural change in the South and South East Asian (SEA) region. The analysis includes a sample of 60 developed and developing countries covered in the OECD's...
Persistent link: https://www.econbiz.de/10012100172
While popular opinion often pictures FDI flowing in search of lowest-wage, lowest- skilled activities in emerging markets, actual FDI to such countries increasingly addresses medium to high-skilled manufacturing sectors. Such FDI might be called "Quality FDI" that contributes to the creation of...
Persistent link: https://www.econbiz.de/10011774665