scholarly journals Local Embeddedness, Upgrading and Skill Development: Global Value Chains and Foreign Direct Investment in Lesotho's Apparel Industry

2013 ◽  
Author(s):  
Cornelia Staritz ◽  
Mike Morris
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Skill Development ◽  
Apparel Industry ◽  
Global Value Chains ◽  
Value Chains ◽  
Local Embeddedness

scholarly journals Trade Agreements and Global Value Chains: New Evidence from China’s Belt and Road Initiative

2020 ◽  
Vol 12 (4) ◽  
pp. 1353 ◽  
Author(s):  
Fei Peng ◽  
Lili Kang ◽  
Taoxiong Liu ◽  
Jia Cheng ◽  
Luxiao Ren
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Structural Equation ◽  
Spillover Effects ◽  
Trade Agreements ◽  
Global Value Chains ◽  
Equation Model ◽  
Value Chains ◽  
Positive Effects ◽  
Belt And Road

This paper investigates the relationship between China’s trade agreements (TAs) and partner countries’ upgrade in global value chains (GVCs). We focus on the experience of China and relate China’s TAs with one belt and one road (OBOR) initiative. A structural equation model (SEM) is applied on a dataset including 216 countries and regions to identify the direct and indirect effects of China’s TAs and OBOR initiative on its export, outwards foreign direct investment (OFDI) and partner economy’ GVCs upgrade over the period 2010–2015. We find that China’s TA partner countries are more likely to be included in the OBOR initiative than those non-TA partner countries. The positive effects of China’s TAs and OBOR initiative on China’s export, outwards foreign direct investment (OFDI) and partner countries’ upgrade in GVCs differ across country groups at the different locations of GVCs. Both vertical and horizontal spillover effects exist in China’s TAs. Therefore, the partner countries at low end and middle of GVCs might benefit more from TAs with China than those richer countries at the high end of GVCs.

scholarly journals CORONAVIRUS BIAS OF THE MODERN WORLD ECONOMY : SCALES , RISKS, CONSEQUENCES

2021 ◽  
Vol 7 (1) ◽  
pp. 5-17
Author(s):  
E. N. Smirnov
Keyword(s):  
Economic Growth ◽  
International Economic ◽  
Foreign Direct Investment ◽  
International Trade ◽  
Direct Investment ◽  
World Economy ◽  
Global Value Chains ◽  
Value Chains ◽  
Modern World ◽  
Economic Relations

The objective of our article is to analyze the risks of a new coronavirus pandemic with impact on the dynamics of the modern world economy, as well as to assess the corresponding consequences and risks that will lead to the formation of a new model for organizing interactions in international trade, foreign direct investment and a revision of the determinants of global economic growth. The nature of the impact of the current pandemic on the existing system of international economic relations, in contrast to the previous global crises, is unprecedentedly tough, which has led to a number of contradictions in the development of global value chains, international trade flows, and  the  transformation  of  external  financing  conditions.  The  author  believes  that  the  most important  challenge  of  the  pandemic  is  not  only  the  recovery  of  the  economy  and  economic activity, maintaining the growth rate of labor productivity, but also in preventing the growth of inequality, in shaping the ability to manage global risks and imbalances. The trends towards the localization of international trade and the repatriation of global  value chains act as a risk of a significant slowdown in international exchange, which contradicts the canons and strategies for the development of foreign economic relations  of those countries  that ensured their economic growth by expanding participation in international trade and attracting foreign direct investment. According to the author, a new wave of international economic cooperation between countries can bring a new impetus to the development of international trade, capital movement and the dynamics of economic mobility.

Political Economy of Foreign Direct Investment

2017 ◽  
pp. 102-116
Author(s):  
Esra LaGro
Keyword(s):  
Political Economy ◽  
Foreign Direct Investment ◽  
International Development ◽  
Direct Investment ◽  
Global Economy ◽  
Global Value Chains ◽  
Theory And Practice ◽  
Value Chains ◽  
Global Political Economy ◽  
Eu Member States

The global political economy evolves around shifting theoretical and conceptual paradigms that simultaneously reflect the ongoing globalization process involving several actors and processes. Thus the complexity of linking the theory and practice of global political economy increases, and this, in return, accelerates further the in-depth inquiries in this interdisciplinary field of research such as discussions around global governance, international economic system, international trade, global value chains, and international development among several others. More specifically, in parallel with these developments, underlying trends in the global economy point to vast developments in both theory and practice of foreign direct investment (hereinafter FDI) across regions, countries and sectors as well, which form the main focus point of this chapter which will attempt to address the complexity of linking theory with actual practice through also involving global value chains with reference to FDI between EU member states and Turkey.

scholarly journals IMPACT OF INDUSTRY 4.0 ON GLOBAL VALUE CHAINS, BUSINESS MODELS AND FOREIGN DIRECT INVESTMENT

2021 ◽  
pp. 75-84
Author(s):  
D. Mukha
Keyword(s):  
Foreign Direct Investment ◽  
Multinational Corporations ◽  
Direct Investment ◽  
Industry 4.0 ◽  
Business Models ◽  
Industrial Revolution ◽  
Global Value Chains ◽  
Business Environment ◽  
Value Chains ◽  
The Impact

The article is devoted to the study of the phenomenon of Industry 4.0, the impact of the fourth industrial revolution on the key aspects of the companies’ economic activity, including multinational corporations. It was revealed how Industry 4.0 affects the placement and organization of global value chains. It was established that Industry 4.0 technologies contribute to the transformation of existing and the emergence of new (digital) business models, thanks to which companies can achieve a significant reduction in their own costs, gain additional income and enter international markets. It shows how Industry 4.0 can influence investment decisions, change the global flows and directions of foreign direct investment. As a result of the research, conclusions are drawn about the role of Industry 4.0 in the transformation of the business environment, industries, markets, and economy as a whole.

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