This paper investigates the size and scope of global production sharing in the telecom sector by analysing the international pattern of trade in telecom parts and components using bilateral trade statistics over the period 1978-2000. The results show that since 1995 the US have taken over the...

Negli ultimi vent'anni, l'apertura commerciale delle economie dell'Asia orientale – con abbondanza relativa di lavoro - ha eroso il vantaggio comparato dei paesi a reddito medio-alto nei manufatti ad alta intensità di lavoro. Questo fenomeno ha colpito particolarmente l’Italia, notoriamente...

In the debate on future prospects in East Asia after the recent economic crisis, this paper focuses on trade-based explanations of growth to study whether exports may lead the recovery of the five crisis-hit countries. For each of them, it analyses, at different levels of disaggregation, the...

Western concerns that the renminbi could rival the dollar as an international currency contrast with underwhelming numbers in terms of global settlements in renminbi and with the experience of China's two main previous failed attempts to achieve renminbi internationalisation. However, China is...

One of the most pervasive and disruptive effects of globalisation is the fragmentation of production processes across countries. This phenomenon is the result of delocalisation strategies pursued by firms in industrialised countries to counter increasing competitive pressures from low...

We provide an empirical analysis of host country determinants of Chinese outward FDI for the period 2003 to 2008, using data disaggregated by country and industry. We want to assess the relevance of market-seeking, resource-seeking and strategic asset seeking motivations suggested by the theory...

Central and Eastern European Countries have increased the weight of international trade on their GDP and the role of Foreign Direct Investment. Some are key final market for EU companies. Their integration, though, has been triggered by outsourcing and offshoring. Data show that their industrial...

The move towards export-oriented development strategies by China has increased concerns about the ability of Italian manifactures to effectively face price competition from emerging economies. This paper explores the hypothesis that the superior quality of Italian goods could support Italian...

This paper investigates the position of China in the international fragmentation of production in the ICT industry, the most dynamic and globally dispersed sector in the world economy. The evidence shows that during the 1990s China dramatically increased its market shares in ICT products and now...

In the past century we have witnessed worldwide a growing flow of Foreign Direct Investment (FDI), which have attracted the attention of economists, international business and development scholars. In this scenario, two trends have recently gained momentum: the increasing relevance of...