The Changing Structure of International Trade Linked to Global Production Systems: What are the Policy Implications?

作者: William Milberg

DOI: 10.2139/SSRN.908225

关键词:

摘要: The paper discusses the extent of structural change and its causes implications for policy theory. According to paper, is due rise trade in intermediate goods. It emphasizes theories be more focused on competitive struggle absolute advantage externalization. This entails industrial, competition, labour market policies at national levels aimed producing profit wage growth, which needed long-term economic growth through building skills, knowledge-based assets, infrastructure, demand. Referring past success cases, argues that industrial upgrading, countries cannot solely rely inward foreign direct investment a balance between firm power profits pressure, promotes knowledge-asset creation. Policy include promoting R&D, skill development production management, very specific competition policy. was written as an insight into work World Commission Social Dimension Globalization 2004 aims provide fairer globalization all.

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