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Persistent link: https://www.econbiz.de/10010382042
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
The past decades have witnessed a rapid globalisation of economic activity which has significantly changed the outlook of the world economy. An increasing number of firms, countries and other economic actors take part in today's global economy and have become increasingly connected across...
Persistent link: https://www.econbiz.de/10013097571
World trade and production are increasingly structured around “global value chains” (GVCs). The last years have witnessed a growing number of case studies describing at the product level how production is internationally fragmented, but there is little evidence at the aggregate level on the...
Persistent link: https://www.econbiz.de/10013054086
Persistent link: https://www.econbiz.de/10011870686
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 rapid growth of global value chains (GVCs) has been an important driver of globalisation during the past decades. But the international fragmentation of production appears to have lost momentum and GVCs seem to have stalled in recent years. The world economy is facing a number of structural...
Persistent link: https://www.econbiz.de/10011730151
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
Persistent link: https://www.econbiz.de/10012027143
World trade and production are increasingly structured around "global value chains" (GVCs). The last years have witnessed a growing number of case studies describing at the product level how production is internationally fragmented, but there is little evidence at the aggregate level on the...
Persistent link: https://www.econbiz.de/10015301839