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Trade And Industrialisation After Globalisation's 2nd Unbundling: How Building And Joining A Supply Chain Are Different And Why It Matters

Year: 2011

Type: report

Abstract: Revolutionary transformations of industry and trade occurred from 1985 to the late-1990s -the regionalisation of supply chains.Before 1985, successful industrialisation meant building a domestic supply chain.Today, industrialisers join supply chains and grow rapidly because offshored production brings elements that took Korea and Taiwan decades to develop domestically.These changes have not been fully reflected in "high development theory" -a lacuna that may lead to misinterpretation of data and inattention to important policy questions.

Source: National Bureau of Economic Research

DOI: 10.3386/w17716

Author: Richard Baldwin

Institutions: National Bureau of Economic Research, Centre for Economic Policy Research

Language: English

Topic: Global trade and economics

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Decent work and economic growth

Open Access status: green

OpenAlex ID: W1544588855

Cites: 98

Cited by: 477

Related to: 10