Global value chains (GVCs) have gained unusual prominence in the research agendas of international organisations and academics devoted to the study of international trade and economics. They have also been in the spotlight of negotiating tables of the main international economic fora held during 2013.
Industrial policy and developmental space: The missing piece in the GVCs debate
Demián Dalle, Verónica Fossati, Federico Lavopa, 13 April 2014
Old wine in new bottles? Non-traditional sources of foreign direct investment
Maximiliano Sosa Andrés, Christiane Krieger-Boden, Peter Nunnenkamp, 8 March 2012
The share of developing and emerging economies in total outward FDI flows multiplied from a meagre 5% in 1990 to almost 30% in 2010 (Figure 1). The flows from the BRICS and other new sources proved to be stable when those from developed economies crashed by 50% due to the financial crisis in 2007–08.
Figure 1. FDI outflows by origin 1990–2010
“Development and the crisis” – a critical reading
Francisco Rodríguez, 23 February 2009
The “Development and the crisis” theme in Vox’s Global Crisis Debate provides a refreshing counterweight to current discussions’ overwhelming emphasis the effect of the crisis on developed nations.
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
- Debt, deleveraging, and the liquidity trap: A new modelKrugman
Cadot, de Melo, 16 June 2014