Global Supply Chain and Trade Crane: Crime or disaster
May 15, 2017 11:00 Source: China Social Sciences Magazine Author: Yu Bell Eskat

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  Summary of content:With the advancement of globalization,Due to the industrial production process, vertical integration is achieved due to outsourcing and offshore business,Trade and production are getting closer and more closely linked together。The expansion of the international supply chain determines the significant increase in trade elasticity since the late 1980s,It may also explain the ultra -ordinary phenomenon of trade elasticity during trade collapse from 2008 to 2009。By reviewing some evidence that can be obtained,This article analyzes the future of the global production network in the prospect of the post -crisis。In the "new normal" of the world's economic characteristics during the post -crisis period,The supply chain may become smaller and more regional。This prospect has brought challenges to the lack of existing countries on the edge of large regional networks and abundant laborers,Because they will find themselves more difficult to attract productive investment。But,As long as the technical factors and institutional factors that can be maintained in the internationalization of production still exist,Desting globalization is still a distant threat。[Translated by Shen Xiaolei]

Hubert Escaith,Ph.D.,AMSE-QREQAM Associate Researcher,Visiting scholars at Shanghai University,Since 1982,An Economist,first work in Baghdad, Bet365 lotto review Iraq,Afterwards to Latin America (Mexico and Chile),1988-2006 in the United Nations Latin America and the Caribbean Economic Commission (ECLAC) as a number of positions related to development economics and regional integration,Including ECLAC Statistics and Economic Simulation Division,2006-2016 as the chief statistician of the WTO。email: hubert.scaith@outlook.com

Editor in charge: Cui Cen
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