Taking global value chains (GVCs) into account has important implications for trade policy. When production is vertically fragmented and trade in intermediate inputs is prevalent, one has to look differently at a certain number of issues. Through case studies, this paper provides new evidence on...

This discussion paper led to a publication in (W.D. Nelson (Ed.)), <I>Advances in Business and Management</I> (pp. 1-32), New York: Nova Publishers, 2011. In this era of globalization we see an increase in specialization: the production chain issplit up in more and more parts and the production of...</i>

This era of globalisation is characterized by an ongoing international fragmentation of production where the supply chain is split up in more and more parts. The traditional Ricardian theory of trade in products governed by comparative advantages is replaced by a modern theory of trade in tasks....

Chapter IV includes case studies of the automotive components and electronics sectors in order to illustrate the potentially successful example of India emerging as an important regional player in Asian IPNs. The policy challenges and key recommendations for India to integrate into Asian IPNs...

This chapter undertakes a comparative analysis between China and India, with a view to understanding the divergence in the performances of the two countries. Chapter II begins with a comparative overview of the differences in the economic structures of the two countries, followed by a detailed...

Due to the fact that the IPN phenomenon has been driven by decisions of multi-national corporations (MNCs) regarding operations and locations of their production systems, chapter III provides an insightful background aimed at understanding the issues involved. It examines the operational...

Chapter V specifically emphasizes India’s recent initiatives towards entering into PTAs with East and South-East Asian countries. The chapter critically analyses the depth of PTAs between India and important players in IPNs in order to decide whether they contain the necessary coverage and...

Chapter I of this study presents a brief review of the appearance and expansion of the Asian IPN phenomenon, followed by a literature survey that explores key drivers of this phenomenon from theoretical perspectives. Theories point to important conditions that countries must meet in order to be...