Networks of International Trade and Investment : Understanding globalization through the lens of network analysis.

Format:

Book

Author/Creator:

Gorgoni, Sara.

Contributor:

Amighini, Alessia.

Smith, Matthew.

Language:

English

Subjects (All):

Network analysis (Planning).

International trade.

Physical Description:

1 online resource (345 pages)

Edition:

1st ed.

Place of Publication:

Wilmington, DE : Vernon Art and Science Inc., 2018.

Summary:

The globalisation of industries in recent decades has led to a fundamental change in the way in which production is structured in the world today: products are no longer manufactured in their entirety in a single location. There has been an integration of global trade, which has brought with it a disintegration of production. This disintegration, or rather fragmentation, of production has resulted in a change in current patterns of international trade and investment; with a rise in trade of intermediate goods and a rise in FDI activity. In addition, multinational enterprises (MNEs) play a more focal role in this reorganisation of production, spreading out their manufacturing and supply chain activities globally, resulting in an increase in FDI and intra firm trade. This international fragmentation of production challenges our ability to understand the international economy. Global value chains is one leading theoretical approach encompassing and trying to make sense of these changes, but scholars point to several limitations of it, most prominently the difficulty of aggregating from firm-level observations to national-level. A crucial aspect is that these changes in trade and FDI patterns have resulted in a more interconnected world economy. Understanding the interdependencies between entities involved in the fragmented production process is essential in order to understand the way production is organised today. Traditional methods and statistical approaches are insufficient to address this challenge. This edited book makes a case for network analysis to be used alongside existing techniques in answering burning questions in the areas of international business and economics, such as whether trade has become more global or regional, and to what extent emerging economies challenge the role of traditional producers in specific industries. The book looks at how the approach and methodologies of network analysis can contribute in explaining international business and economics phenomena, in particular related to international trade and investments. It will provide a comprehensive but accessible explanation of network analysis? applications and some of the most recent methodological advances that can contribute to research in the area of international trade and investment. (provisional and subject to change)

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

1-62273-278-2