Staying Competitive in the Global Economy
Moving Up the Value Chain
This report brings together OECD data on the globalisation of value chains, including the rise of outsourcing/offshoring. It first examines how OECD countries are affected by the globalisation of production, on both the macroeconomic and sector-specific levels. The costs and benefits of globalisation are then discussed, with an emphasis on employment and productivity. Finally, this report analyses how globalisation impacts the competitiveness of OECD countries, highlighting the need for an effective innovation strategy. The report discusses not only the moving up the value chain that takes place in OECD countries but also in China, as R&D is increasingly going to emerging countries.
Also available in: French
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The Growth of Global Value Chains
This chapter offers a broad range of empirical evidence which shows the increasingly global integration of OECD countries and discusses the economic importance of emerging countries. New evidence based on input-output tables is developed to demonstrate global linkages among countries. In an analysis of differences among industries, the increasing outsourcing/offshoring of services is discussed. The chapter also highlights the key role of multinational enterprises in the current globalisation.
Also available in: French
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