Producing technologically complex goods and incorporating them into the manufacturing process is a fundamental pillar to achieve long-term economic development. In this sense, integration into the global production and trade networks is viewed by many countries as a way to achieve this...

The subject of this study is inflation—a problem that has plagued America and the world over the last several decades. Despite a rich trove of scholarly studies and a wide range of tools developed to deal with inflation, we are nowhere near a solution of this problem. We are now in the middle...

With the COVID-19 pandemic accelerating digital transformation, demand for 5G networks is soaring. 5G networks are an indispensable part of infrastructure supporting immersive content, self-driving technologies, the Internet of Things (IOT), remote services, and smart manufacturing....

Semiconductors are a key component of electronic devices used in high-tech operations such as computation, control, transmission, conversion, and storage. The chip sector spans manufacturing to downstream industries such as manufacturing equipment and materials.This paper analyzes the...

Secondary batteries are garnering more and more attention as a key to carbon reduction and eventually, carbon neutrality. Formerly associated mostly with IT devices such as laptop computers and mobile phones, secondary batteries are now enjoying renewed interest and rising demand as they are...

In this prologue to his new book, Curing Corporate Short‐Termism, the founder and CEO of Fortuna Advisors presents a fictional account of a corporate turnaround—a “composite” reflection of the author's many years of consulting experience that dramatizes the pressure to meet near‐term...

The objective of this paper is twofold. First, it examines the effects of the implementation of trade facilitation (TF) measures on international trade flows and on participation in global value chains (GVCs). Second, it provides policy recommendations for developing Asia and the Pacific derived...

This study investigates the patterns of global value chain (GVC) participation of Pacific island countries (PICs) at the country, industry, and firm levels, utilizing UNCTAD-Eora GVC data (1999-2018) and the World Bank's Enterprise Survey data (2009 and 2015). It also uses the survey data to...

Functional specialisation in global value chains is a complex phenomenon. This paper examines the determinants of functional specialisation patterns in EU countries, focusing on the business functions fabrication and research and development. The core result of the study is that lower wages...