This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error co

This book addresses the increased fragmentation and internationalization of production. It explores how concurrent business transformations in manufacturing and

Global Production and Trade in East Asia focuses on the profound change that the traditional paradigm of production and international trade has undergone in the

Using state-of-the-art econometric tools, this book examines the implications of international fragmentation of production for the performance of the Japanese m

This book examines how global value chains have evolved and the policy challenges they have created.