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Trade and industrialisation after globalisation’s 2nd unbundling: How building and joining a supply chain are different and why it matters

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  • Baldwin, Richard

Abstract

Revolutionary transformations of industry and trade occurred from 1985 to the late-1990s -- the regionalisation of supply chains. Before 1985, successful industrialisation meant building a domestic supply chain. Today, industrialisers join supply chains and grow rapidly because offshored production brings elements that took Korea and Taiwan decades to develop domestically. These changes have not been fully reflected in -- high development theory -- a lacuna that may lead to misinterpretation of data and inattention to important policy questions.

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Bibliographic Info

Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 8768.

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Date of creation: Jan 2012
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Handle: RePEc:cpr:ceprdp:8768

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Keywords: import substitution; production unbundling; trade and industrialisation;

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References

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Citations

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Cited by:
  1. Neil Foster-McGregor & Robert Stehrer & Marcel Timmer, 2013. "International Fragmentation of Production, Trade and Growth: Impacts and Prospects for EU Member States," wiiw Research Reports 387, The Vienna Institute for International Economic Studies, wiiw.
  2. Rahardja, Sjamsu & Varela, Gonzalo, 2014. "Nothing to Fear but Fear Itself: Evidence on Imported Intermediates in Indonesia," World Bank - Economic Premise, The World Bank, issue 136, pages 1-6, March.
  3. Robert Stehrer, 2013. "Accounting Relations in Bilateral Value Added Trade," wiiw Working Papers 101, The Vienna Institute for International Economic Studies, wiiw.
  4. Hurmekoski, Elias & Hetemäki, Lauri, 2013. "Studying the future of the forest sector: Review and implications for long-term outlook studies," Forest Policy and Economics, Elsevier, vol. 34(C), pages 17-29.
  5. Kym Anderson & Markus Bruckner, 2012. "Distortions to Agriculture and Economic Growth in Sub-Saharan Africa," Departmental Working Papers 2012-06, The Australian National University, Arndt-Corden Department of Economics.
  6. Pierre-Louis Vezina & Lorenzo Rotunno & Zheng Wang, 2012. "The rise and fall of (Chinese) African apparel exports," Economics Series Working Papers WPS/2012-12, University of Oxford, Department of Economics.
  7. Maliranta, Mika, 2013. "Globalization, occupational restructuring and firm performance," ETLA Working Papers 5, The Research Institute of the Finnish Economy.
  8. Nakatomi, Michitaka, 2013. "Plurilateral Agreements: A Viable Alternative to the World Trade Organization?," ADBI Working Papers 439, Asian Development Bank Institute.
  9. Philip Schellekens, 2013. "A Changing China : Implications for Developing Countries," World Bank Other Operational Studies 16115, The World Bank.
  10. Christian Milelli & Alice Sindzingre, 2013. "Chinese Outward Foreign Direct Investment in Developed and Developing Countries: Converging Characteristics?," EconomiX Working Papers 2013-34, University of Paris West - Nanterre la Défense, EconomiX.
  11. Consoli,Davide & Vona,Francesco & Rentocchini,Francesco, 2014. "That was then, this is now: Skills and Routinization in the 2000s," INGENIO (CSIC-UPV) Working Paper Series 201306, INGENIO (CSIC-UPV).
  12. Jonathan Timmis, . "The Internet and International Trade in Goods," Discussion Papers 12/08, University of Nottingham, GEP.
  13. Meng, Bo & Zhang, Yaxiong & Inomata, Satoshi, 2012. "Compilation, application and challenge of IDE-JETRO's International Input-Output tables," IDE Discussion Papers 375, Institute of Developing Economies, Japan External Trade Organization(JETRO).
  14. de la Torre, Augusto & Didier, Tatiana & Pinat, Magali, 2014. "Can Latin America tap the globalization upside ?," Policy Research Working Paper Series 6837, The World Bank.
  15. Jean-Pierre Chauffour & Bernard M., 2013. "Harnessing Trade Opportunities in the Middle East and North Africa," RSCAS Working Papers PP2013/07, European University Institute.
  16. Jonathan Timmis, . "The Internet and International Trade in Goods," Discussion Papers 12/03, University of Nottingham, School of Economics.
  17. Anson, José & Boffa, Mauro & Helble, Matthias, 2014. "A Short-Run Analysis of Exchange Rates and International Trade with an Application to Australia, New Zealand, and Japan," ADBI Working Papers 471, Asian Development Bank Institute.
  18. Naudé, Wim & Szirmai, Adam, 2012. "The importance of manufacturing in economic development: Past, present and future perspectives," MERIT Working Papers 041, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  19. Naudé, Wim & Szirmai, Adam & Lavopa, Alejandro, 2013. "Industrialization Lessons from BRICS: A Comparative Analysis," IZA Discussion Papers 7543, Institute for the Study of Labor (IZA).
  20. Schellekens, Philip, 2013. "A Changing China: Implications for Developing Countries," World Bank - Economic Premise, The World Bank, issue 118, pages 1-9, May.

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