Measuring the international trade flows in terms of expansion of global value chains Cover Image

Measuring the international trade flows in terms of expansion of global value chains
Measuring the international trade flows in terms of expansion of global value chains

Author(s): Ewa Mińska-Struzik
Subject(s): Economy, Supranational / Global Economy, Business Economy / Management, International relations/trade
Published by: Wydawnictwo Uniwersytetu Ekonomicznego w Poznaniu
Keywords: international trade;global value chain;
Summary/Abstract: The purpose of this article is to attempt to answer such questions by pointing to factors shaping the current architecture of world trade and reflection on how the “old theories” and “old measures” retain their usefulness. The next section outlines the major trends of global trade, pointing to the contradictions in reasoning conducted with the help of public statistics. Section three presents the idea of global value chains (production networks), in order to show the specificity of trade conducted within such chains. The subsequent section of the article is devoted to discussing the measures taken in recent years by various institutions aiming to develop alternative measures of trade flows, more adequate for the diagnosis of exchange realized in the new global conditions.

  • Page Range: 83-96
  • Page Count: 14
  • Publication Year: 2016
  • Language: English