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years. The world economy is facing a number of structural shifts that may dramatically change the outlook of GVCs in the …
Persistent link: https://www.econbiz.de/10011730151
Economic globalisation has given rise to two types of networks that stretch out across OECD and emerging economies. At the one side, global value chains (GVCs) can be thought of as the “material” transfers of goods and services (final as well as intermediate) across borders. At the other...
Persistent link: https://www.econbiz.de/10011632413
The news that companies in OECD economies are increasingly bringing manufacturing activities back home has attracted a lot of attention in recent years. Headline cases of a number of large multinational companies have given increased visibility to the phenomenon of reshoring in the economic...
Persistent link: https://www.econbiz.de/10011632369
Persistent link: https://www.econbiz.de/10003643073
of the world economy. International production, trade and investments are increasingly organised within so-called global …
Persistent link: https://www.econbiz.de/10009684147
With the emergence of global value chains (GVCs), production processes are increasingly fragmented and dispersed across different countries. Although many MNEs still exhibit an important ‘home bias’ in their global innovation activities, a growing number of firms have offshored R&D and...
Persistent link: https://www.econbiz.de/10011632390
Increased robot use, fuelled by price declines and the increased dexterity of these machines, is expected to affect existing/future production technologies and the organisation of production within GVCs. In order to safeguard their competitiveness in an increasingly digitalised global economy,...
Persistent link: https://www.econbiz.de/10011822143
Using the OECD analytical AMNE database, this paper provides new evidence on the services activities of multinational enterprises (MNEs) and discusses the relationship between cross-border trade in services and the production of services through foreign affiliates (“mode 3” trade in services...
Persistent link: https://www.econbiz.de/10011874264