The expansion of international production networks (IPNs), alternatively referred to as “global value chains” raises important new analytical and policy challenges. This study demonstrates how the growing importance of international product fragmentation and intermediate goods in...

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...

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...

A stylised partial equilibrium model of an MNC is developed. The model incorporates key aspects of outsourcing in a world of falling trade costs. The multinational, with firm-specific capital operates in two countries that differ in factor prices; it produces final goods with firm specific...

‘Modelling Possible Impacts of GM Crops on Australian Trade’ by Susan Stone, Anna Matysek and Andrew Dolling was released on 8 November 2002. The paper provides an analysis of the economic and trade implications of the introduction of GM technology in the grains, excluding wheat and oilseeds,...