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Publication
Title: Global Value Chains in a Postcrisis World
Abstract: The global economic crisis of 2008–09 has revealed the interdependence of the world economy. The financial crisis originated in the United States, but the resulting economic downturn quickly spread to the rest of the world. Trade, along with finance, was one of the main vectors of transmission of the crisis. In 2009, there was a massive contraction in global trade—minus 13 percent. The contraction was largely a reflection of a drop in demand, especially for durable goods…
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Publication ID: 54
Category Description: Indicators for International Trade and Economic Globalization
Publication Type: Book
Inistitute: The World Bank
Year: 2010
Month: June
Sub Title: A Development Perspective
Author 1: Olivier Cattaneo
Author 2: Gary Gereffi
Author 3:Cornelia Staritz
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Link: http://www.cggc.duke.edu/pdfs/Gereffi_GVCs_in_the_Postcrisis_World_Book.pdf
Tags: automotive industry , developing countries' prospects , end-market , global value chains , measure of vertical integration , offshore services value chain , trade elasticities ,
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