IDEAS home Printed from https://ideas.repec.org/a/spr/italej/v9y2023i3d10.1007_s40797-023-00252-4.html
   My bibliography  Save this article

The Future of Global Value Chains and International Trade: An EU Perspective

Author

Listed:
  • Giorgia Giovannetti

    (Università degli studi di Firenze
    European University Institute)

  • Enrico Marvasi

    (Università Roma Tre)

  • Giorgio Ricchiuti

    (Università degli studi di Firenze
    Università Cattolica del Sacro Cuore, Milano)

Abstract

The Great Recession, Brexit, the trade war between China and the USA, the pandemic crisis, and the regional wars (Russia-Ukraine and the Middle East) have opened the way to a reorganization of the global value chains and international trade. The EU in particular is facing crucial challenges regarding the internal equilibria between member countries as well as the external relations and the balance between superpowers in an uncertain geopolitical landscape. In this opening article of the Special Issue on “The Future of Global Value Chains and International Trade: An EU perspective”, we review the evolution of international trade and discuss the recent changes in the EU’s trade patterns looking at intermediate, consumption, and capital goods. We provide an overview of the contents of the Special Issue, which we organized by theme. Our analysis raises some issues and sets the stage for the following analyses and future research.

Suggested Citation

  • Giorgia Giovannetti & Enrico Marvasi & Giorgio Ricchiuti, 2023. "The Future of Global Value Chains and International Trade: An EU Perspective," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 9(3), pages 851-867, November.
    • Handle: RePEc:spr:italej:v:9:y:2023:i:3:d:10.1007_s40797-023-00252-4
    DOI: 10.1007/s40797-023-00252-4
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s40797-023-00252-4
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s40797-023-00252-4?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:italej:v:9:y:2023:i:3:d:10.1007_s40797-023-00252-4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.