Cover -- Half-Title Page -- Title Page -- Copyright Page -- Contents -- Introduction -- 1. The New Transition -- 1.1. The world of yesterday -- 1.2. Toward an economy of supply -- 1.3. Withdrawal of the State -- 1.4. Idealized globalization -- 1.5. Between dream and reality -- 1.6. Viability in...

For nearly two decades, growth of international trade has been underpinned by the development of intermediate goods cross exchanges resulting from a new international division of labour. The share of trade in inputs, also called vertical trade, has dramatically increased. Simultaneously, there...

For nearly two decades, the share of trade in inputs, also called vertical trade, has dramatically increased. This paper suggests a new measure of international trade: “value-added trade”. Like many existing estimates, “value-added trade” is net of double-counted vertical trade. It also...