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Global Value Chains in a Postcrisis World (Trade and Development)

Olivier Cattaneo, Gary Gereffi, Cornelia Staritz




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 | #2279367 in eBooks |  2010-09-13 |  2010-09-13 | File type: PDF

|| |This book contains invaluable insights and analysis of the microeconomic structures underpinning 21st century globalization, with its opportunities and vulnerabilities. --Kemal DervisVice President, Brookings Institution, Washington, DC Former Executive Head,

For the first time since World War II, global output will drop (-1.7%); per capita income will fall in more than 50 developing countries; net private capital flows will likely turn negative – a more than $700 billion drop from the 2007 peak; and trade is expected to decline by 6.1% in 2009 – the worst decline in 80 years. In response to this global downturn, a number of governments have passed stimulus packages and other measures that aim to preserve domestic...

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