Geoeconomic fragmentation - the phenomenon of international transactions being increasingly restricted to politically aligned partners - creates risks for individual countries but also opportunities that some hope to seize by becoming "connector" countries. We modify a standard trade model by...

This paper examines Mexico's integration into Global Value Chains (GVCs) and its implications for structural change over the period 1995-2020. Using a multiregional input-output framework, the analysis decomposes gross exports into domestic and foreign value added and combines these indicators...