The balance of the world economy is shifting away from the established economies of Europe, Japan, and the USA, towards the emerging economies of Asia, especially India and China. With contributions from some of the world's leading growth theorists, this book analyses the long-term process of structural change and productivity growth across the world from a unique comparative perspective. Ongoing research from the World KLEMS Initiative is used to comparatively study new sources of growth - including the role of investment in intangible assets, human capital, technology catch-up, and trade in global value chains. This book provides comparisons of industries and economies that are key to analysing the impacts of international trade and investment. This makes it an ideal read for academics and students interested in understanding current patterns of economic growth. It will also be of value to professionals with an interest in the drivers of economic growth and crisis.
This insightful volume gathers some of the most influential papers in the economics field of global value chains. The compilation of research featured focuses on globalization, fragmentation and coord
Providing critical insight into the globalization of product conception, production, marketing and distribution, this Handbook comprehensively explores the functioning of global value chains (GVCs) an
This book explores how the international fragmentation of economic activities – from research and design to production and marketing – across countries in different industries (described through the l
This volume contains six case studies analyzing the global value chains of firms and manufacturing and service industries in the Caribbean: Baron Foods Limited in St. Lucia, the hot pepper sauce i
In recent years, global value chains have played an increasingly important role in business strategies, profoundly affecting international trade and development paradigms. Global value chains now repr
This book provides a conceptual framework of global value chains, flexibility and sustainability, supported by research projects, case applications and models in various related areas organized into t
The manufacture of apparel is an exemplar of global production. Since the 1970s, multinational brands have increasingly outsourced their manufacturing activities to lower cost production locations in
For the first time since World War II, global output will drop (-1.7%); per capita income will fall in more than 50 developing countries; net private capital flows will likely turn negative – a more t
