This article first introduces the concept, the rationale, the causes and the genesis of global value chains from a worldwide perspective in the form of a brief overview.
On the Relevance of Global Value Chains and the Intra-European Division of Labour
Institut der deutschen Wirtschaft (IW)
This article first introduces the concept, the rationale, the causes and the genesis of global value chains from a worldwide perspective in the form of a brief overview.
In the second empirical section, a closer look is taken at the intermediate trade integration in the EU. In particular, the employment effects of the intermediate trade connections for each EU member state and for selected sectors are highlighted. In the concluding section, it is explained why global value chains are particularly susceptible to rising protectionism. Moreover, tentative implications of the current coronavirus pandemic are pointed out.
On the Relevance of Global Value Chains and the Intra-European Division of Labour
Institut der deutschen Wirtschaft (IW)
Handel mit Globalem Süden: Deutschland stagniert, China und Russland expandieren
China dominiert den Handel mit den wichtigsten Ländern des Globalen Südens. Zwischen 2019 und 2023 stieg der Handel Chinas mit dem Globalen Süden stark um 47 Prozent auf über 1,9 Billionen US-Dollar an, sodass die EU und die USA als wichtigste Handelspartner ...
IW
Not so Different?: Dependency of the German and Italian Industry on China Intermediate Inputs
On average the German and Italian industry display a very similar intermediate input dependence on China, whether accounting for domestic inputs or not.
IW