Uncertainty and the Wait-and-See Effects on Trade
If your job were suddenly in jeopardy, and you couldn’t predict next month’s income, you might put off buying that new car you had been eyeing. Similarly, an appliance company faced with sudden...
View ArticleGrowth in Greece? A Logistical Possibility
More than 95 percent of goods traded between Europe and Asia are transported via deep sea. All of this happens through two primary routes-- some serious traffic. But it's far from stop-and-go. In fact,...
View ArticleOn the Strength of Avocados and Airplane Parts: Making Global Value Chains...
Also available in: Español By now, developing countries are exporting parts and components used in some of the most sophisticated products on the planet. With the rise of global value chains (GVCs),...
View ArticleThe role of standards in adding value in global value chains
Consumers around the world increasingly demand products and services that are simultaneously good for the economy, for the environment, and for society—the triple bottom line of sustainable growth....
View ArticleStuck on the periphery of international trade and global value chains
Firms that are able to access and use the Internet, mobile telecommunications and other digital technologies are much more likely to export, to export to more destinations, to become part of global...
View ArticleFour reasons why globalized production helps meet demand spikes: The case of...
The rapid escalation of the COVID-19 pandemic has put the global health-care supply chain in the spotlight. As countries establish response strategies, policymakers from various countries have...
View ArticleMassive modularity: Why reshoring supply chains will be harder than you may...
Recent supply chain disruptions and shortages have driven several national projects to reevaluate global value chains (GVCs) with a view to reducing vulnerabilities to national security.
View ArticleWhy policy makers should pay attention to the concept of massive modularity:...
Recently, policy makers have taken a deep interest in global value chains (GVCs), with a view to making them more resilient and robust in most countries’ post-pandemic recovery plans.
View ArticleMeasuring countries and sectors in GVCs
There is no doubt that the production of goods and services has become increasingly globalized since the 1970s, but this trend is one that is hard to measure. Ideally, the best way would be to use...
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