Redefining Global Markets

The Regionalisation of Global Value Chains

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  • © 2024

Overview

  • Employs a multi-regional input-output model
  • Presents unique employment data for industries and countries
  • Discusses (de)globalization trends related to the changing role of manufacturing in global value chains

Part of the book series: SpringerBriefs in Economics (BRIEFSECONOMICS)

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About this book

This book analyses the possible regionalization of global value chains, particularly in manufacturing. Amidst calls for an industrial renaissance in Europe and a resurgence of manufacturing jobs in the United States, the dynamics of global value chains have been reshaped by global pandemics, geopolitical tensions, and increased automation.

Employing a multi-regional input–output model, the book scrutinizes the decline in offshoring afer the mid-2010s. It sheds light on regionalization as a pivotal force redefining global markets, and focuses on Europe and North America, revealing the strengthening of regional ties. Discussing future challenges, the book will appeal to scholars, students, and researchers, as well as practitioners and policy-makers interested in a better understanding of (de)globalization nuances connected to the evolving role of manufacturing in global value chains.

Keywords

Table of contents (6 chapters)

Authors and Affiliations

  • Department of Economic Policy, University of Economics in Bratislava, Bratislava, Slovakia

    Erika Majzlíková

About the author

Erika Majzlíková is an Associate Professor at the Department of Economic Policy at the Faculty of National Economy of the University of Economics in Bratislava, Slovakia. She holds a PhD in economic policy from the same university. As part of her research, she focuses on structural and sectoral analyses of industrial policy, automation, and robotization. Her recent research interests include global value chains, the role of manufacturing in economic development, and the impact of automation on the labor market. She has published in leading international journals such as the Cambridge Journal of Economics, Economics Letters, and Eastern European Economics.

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