Weakening of the production linkages in the world economy as a factor of the global trade slowdown in 2008–2015 Cover Image

Osłabienie powiązań produkcyjnych w gospodarce światowej jako czynnik spowolnienia handlu międzynarodowego w latach 2008–2015
Weakening of the production linkages in the world economy as a factor of the global trade slowdown in 2008–2015

Author(s): Tomasz Białowąs
Subject(s): Supranational / Global Economy, Economic policy, International relations/trade, Evaluation research
Published by: Wydawnictwo Uniwersytetu Jagiellońskiego
Keywords: international trade; value added trade; fragmentation of production;

Summary/Abstract: The main goal of the paper is to evaluate the extent of production de-fragmentation and its impact on the world trade flows slowdown in 2008–2015. Financial and economic crisis of 2008–2009 resulted in a deepest breakdown of world trade after World War II. The subsequent economic boom was not reflected in the growth rates of world exports. One of the mentioned reasons of trade stagnation is the weakening of the connections within the global value chains.

  • Issue Year: 37/2018
  • Issue No: 1
  • Page Range: 231-243
  • Page Count: 13
  • Language: Polish