Global value chains and resource corridors: The nexus is regional integration
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چکیده
Global value chains (GVCs) have led to a growing interconnectedness between economies through the segmentation of the production processes and specialisation of countries into tasks activities within those value chains. Today, more than 70% of global trade is made of intermediate goods and services. This evolution of the production process is the result of technological progress, cheaper transportation and communications and the liberalisation of trade.
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تاریخ انتشار 2015