Found 3 article(s) for author 'global trade'

Multinational Firms, Value Chains, and Vertical Integration

Multinational Firms, Value Chains, and Vertical Integration. Laura Alfaro, 2016, Paper, “In recent decades there has been a very rapid increase in flows of goods and capital between countries and between firms, driven by technological progress and falling cross-border restrictions. The rising ability to retain or outsource various production stages within firms and across country boundaries has fueled fragmentation of production and the emergence of global value chains. Cross-border production, investment, and trade in final and intermediate goods by multinational corporations (MNCs) are key drivers of this phenomenon.Link

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Fairness and Free Trade

Fairness and Free Trade. Dani Rodrik, May 12, 2016, Opinion. “The global trade system faces an important turning point at the end of this year, one that was postponed when China joined the World Trade Organization almost 15 years ago. The United States and the European Union must decide whether they will begin to treat China as a “market economy” in their trade policies. Unfortunately, even as the battle escalates over the course of this year, the terms of the choice ensure that nothing will be done to address the global trade regime’s deeper flaws.Link

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