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Multinational Firms Value Chains And Trade Disputes
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Book Synopsis Multinational Firms, Value Chains, and Trade Disputes by : Aydin Yildirim
Download or read book Multinational Firms, Value Chains, and Trade Disputes written by Aydin Yildirim and published by . This book was released on 2018 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we aim to explain World Trade Organization (WTO) members' decision to initiate a dispute at the WTO. Since many potential violations of WTO law remain unchallenged, we explore the conditions under which WTO members complain about only some allegedly WTO-incompatible policies, while leaving a large majority of them unchallenged. While there may be different reasons why governments choose to initiate certain disputes, we are especially interested in the relationship between potential and actual trade disputes on the one hand and the degree of integration into so-called global value chains (GVCs) on the other. We demonstrate that decision-makers are more likely to try and eliminate barriers to cross-border trade by tabling WTO complaints when facing pressures to do so by firms and sectors highly integrated into such GVCs. Potential complainants' policymakers act strategically when considering whether to initiate a formal dispute. Responding to demands of firms and sectors that are highly integrated in GVCs allows complainants' policymakers to secure the support of politically powerful domestic constituencies while simultaneously minimizing the administrative burdens and the potential negative externalities for bilateral diplomatic relations that a WTO dispute can bring about. We test our hypothesis by examining data from the US using a binomial logistic regression and Cox proportional hazard model and find that trade barriers are both more likely to be filed as disputes and quicker in being tabled at the WTO in sectors highly integrated into GVCs, while controlling for other factors.
Book Synopsis Value Chains and WTO Disputes by : Aydin Baris Yildirim
Download or read book Value Chains and WTO Disputes written by Aydin Baris Yildirim and published by Springer Nature. This book was released on 2020-07-01 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: As economic populism and protectionism increasingly threatens the global trade order, this book examines the behavior of World Trade Organization (WTO) members at the judicial arm of the WTO—the dispute settlement mechanism (DSM). The author explores why and when governments cooperate at the WTO and comply with the ruling of its panels, focusing on how the growth of global value chains through the internationalization of trade and production has increased the importance of both trade liberalization and supra-national governance and policy-making. Finding that domestic organized interests—i.e. firms and sectors—mobilize and lobby national governments to change their domestic policies to better harmonize with their international trade commitments, the author outlines how the time it takes to comply with adverse WTO rulings is shorter when the potential domestic costs of non-compliance outweigh protectionist interests. The author’s innovative research design highlights the conditions under which the WTO can preserve the rules of international trade and support a more open, global economy.
Book Synopsis Geopolitics, Supply Chains, and International Relations in East Asia by : Etel Solingen
Download or read book Geopolitics, Supply Chains, and International Relations in East Asia written by Etel Solingen and published by Cambridge University Press. This book was released on 2021-05-06 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: An accessible overview of political, economic, and strategic dimensions of global supply chains in a changing global political economy.
Book Synopsis World Development Report 2020 by : World Bank
Download or read book World Development Report 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-19 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Since the 2008 global financial crisis, however, the growth of trade has been sluggish and the expansion of GVCs has stalled. Meanwhile, serious threats have emerged to the model of trade-led growth. New technologies could draw production closer to the consumer and reduce the demand for labor. And trade conflicts among large countries could lead to a retrenchment or a segmentation of GVCs. World Development Report 2020: Trading for Development in the Age of Global Value Chains examines whether there is still a path to development through GVCs and trade. It concludes that technological change is, at this stage, more a boon than a curse. GVCs can continue to boost growth, create better jobs, and reduce poverty provided that developing countries implement deeper reforms to promote GVC participation; industrial countries pursue open, predictable policies; and all countries revive multilateral cooperation.
Book Synopsis Global Value Chain Development Report 2021 by : Banque asiatique de développement
Download or read book Global Value Chain Development Report 2021 written by Banque asiatique de développement and published by . This book was released on 2022-01-25 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A radical shift is underway in global value chains as they increasingly move beyond traditional manufacturing processes to services and other intangible assets. Digitization is a leading factor in this transformation, which is being accelerated by the coronavirus disease (COVID-19) pandemic. The Global Value Chain Development Report, the third of a biennial series, explores this shift beyond production. The report shows how the rise of services value chains offers a new path to development and how protectionism and geopolitical tensions, environmental risks, and pandemics are undermining the stability of global value chains and forcing their reorganization geographically. It is co-published by the WTO, the Asian Development Bank, the Research Institute for Global Value Chains at the University of International Business and Economics, the Institute of Developing Economies, and the China Development Research Foundation.
Book Synopsis Value Chains and WTO Disputes by : Aydin Baris Yildirim
Download or read book Value Chains and WTO Disputes written by Aydin Baris Yildirim and published by Palgrave Macmillan. This book was released on 2020-08-21 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: As economic populism and protectionism increasingly threatens the global trade order, this book examines the behavior of World Trade Organization (WTO) members at the judicial arm of the WTO—the dispute settlement mechanism (DSM). The author explores why and when governments cooperate at the WTO and comply with the ruling of its panels, focusing on how the growth of global value chains through the internationalization of trade and production has increased the importance of both trade liberalization and supra-national governance and policy-making. Finding that domestic organized interests—i.e. firms and sectors—mobilize and lobby national governments to change their domestic policies to better harmonize with their international trade commitments, the author outlines how the time it takes to comply with adverse WTO rulings is shorter when the potential domestic costs of non-compliance outweigh protectionist interests. The author’s innovative research design highlights the conditions under which the WTO can preserve the rules of international trade and support a more open, global economy.
Book Synopsis Trade Patterns and Global Value Chains in East Asia by : World Trade Organization
Download or read book Trade Patterns and Global Value Chains in East Asia written by World Trade Organization and published by . This book was released on 2011 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Global Value Chains in an Era of Strategic Uncertainty by : Miyeon Oh
Download or read book Global Value Chains in an Era of Strategic Uncertainty written by Miyeon Oh and published by . This book was released on 2020-11-23 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Measuring and Analyzing the Impact of GVCs on Economic Development by : World Trade Organization
Download or read book Measuring and Analyzing the Impact of GVCs on Economic Development written by World Trade Organization and published by World Trade Organization. This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report is about a huge contribution to our deepening understanding of what the global economy really means and how it is changing. The report helpfully distinguishes elements of an economy that are tradable and the large set that are non-tradable. Clearly the tradables set is expanding with the support of enabling technology. The report argues that connectivity in the networks that define the evolving architecture of GVCs is important. This Global Value Chain Development Report is the result of intensive and detailed work in assembling and analyzing data on the structure of economies and on how they are linked. It creates a much clearer picture of evolving patterns of independence. It also presents a much clearer picture of comparative advantage. --Publisher description.
Book Synopsis Global Value Chains in a Changing World by : Deborah Kay Elms
Download or read book Global Value Chains in a Changing World written by Deborah Kay Elms and published by . This book was released on 2013 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: A collection of papers by some of the world's leading specialists on global value chains (GVCs). It examines how GVCs have evolved and the challenges they face in a rapidly changing world. The approach is multi-disciplinary, with contributions from economists, political scientists, supply chain management specialists, practitioners and policy-makers. Co-published with the Fung Global Institute and the Temasek
Book Synopsis Rethinking Value Chains by : Palpacuer, Florence
Download or read book Rethinking Value Chains written by Palpacuer, Florence and published by Policy Press. This book was released on 2021-08-13 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: EPUB and EPDF available Open Access under CC-BY-NC-ND licence. Today, production processes have become fragmented with a range of activities divided among firms and workers across borders. These global value chains are being strongly promoted by international organisations, such as the World Bank and the World Trade Organization, but social and political backlash is mounting in a growing variety of forms. This ambitious volume brings together academics and activists from Europe to address the social and environmental imbalances of global production. Thinking creatively about how to reform the current economic system, this book will be essential reading for those interested in building sustainable alternatives at local, regional and global levels.
Book Synopsis Power Relationships Along the Value Chain by : Carlo Pietrobelli
Download or read book Power Relationships Along the Value Chain written by Carlo Pietrobelli and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Global Value Chains in a Postcrisis World by : Olivier Cattaneo
Download or read book Global Value Chains in a Postcrisis World written by Olivier Cattaneo and published by World Bank Publications. This book was released on 2010 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book looks to address the following questions in a post-crisis world: How have lead firms responded to the crisis? Have they changed their traditional supply chain strategy and relocated and/or outsourced part of their production? How will those changes affect developing countries? What should be the policy responses to these changes?
Book Synopsis Global Value Chains and Development by : Gary Gereffi
Download or read book Global Value Chains and Development written by Gary Gereffi and published by Cambridge University Press. This book was released on 2019-01-24 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: Studies conceptual foundations of GVC analysis, twin pillars of 'governance' and 'upgrading', and detailed cases of emerging economies.
Book Synopsis Services In Global Value Chains: Manufacturing-related Services by : Patrick Low
Download or read book Services In Global Value Chains: Manufacturing-related Services written by Patrick Low and published by World Scientific. This book was released on 2016-06-21 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt: This compilation of 22 firm-specific case studies is an important contribution to the discussion of 'servicification' trends in manufacturing. 'Services have increased in importance and value in many manufacturing value chains, making companies that produce physical products look more like service enterprises. What services do global value chains use in their operations, how important are they and how do economic policies shape firms' configurations, operations, and location of global value chains? This book addresses these questions and more.The interviewed firms, based in 12 APEC economies, come from different sectors ranging from multinational automotive, construction equipment, and electrical appliance manufacturers to small and medium manufacturers of watches or chemical for water treatment. The book analyses what specific services are important in different stages of the value chain, and whether they are typically provided in-house or outsourced.
Book Synopsis Transformation Through Global Value Chains by : Behnam N. Tabrizi
Download or read book Transformation Through Global Value Chains written by Behnam N. Tabrizi and published by . This book was released on 2007 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book will examine case studies from companies who have successfully navigated the new market environment, which presents complex challenges to the global value chain.
Book Synopsis Uncovering Value Added In Trade: New Approaches To Analyzing Global Value Chains by : Yuqing Xing
Download or read book Uncovering Value Added In Trade: New Approaches To Analyzing Global Value Chains written by Yuqing Xing and published by World Scientific. This book was released on 2015-07-13 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: Value chain trade has challenged economic implications of conventional trade statistics and transformed bilateral trade relationships into multilaterals. Conventional trade statistics exaggerate trade volumes and bilateral trade imbalances. It is imperative to measure trade in value-added and examine trade relations in the context of global value chains. This book is a collection of research papers on new approaches to measure trade in value added and the role of global value chains in modern international trade. It introduces the input output method for measuring trade and a direct approach for measuring the domestic value added of the People's Republic of China — the center of global assembly. In addition, it shows how to analyze trade relations in the context of global value chains.
