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
- Click to access:
-
Click to download PDF - 2.62MBPDF
-
Click to Read online and shareREAD
Towards a Knowledge Economy: A Challenge for All Countries
This chapter discusses the impact of globalisation on the competitiveness of OECD countries by analysing the evolution of comparative advantages of individual countries as well as on de-industrialisation in developed countries. Empirical evidence is used to assess how rapidly OECD countries are moving up the value chain and shift to more knowledge-intensive activities. But this structural process seems to be taking place not only in OECD countries, as China is also moving up the value chain. The extent of the upgrading of the Chinese economy is examined, together with China’s importance in the increasing internationalisation of R&D.
Also available in: French
- Click to access:
-
Click to download PDF - 1.53MBPDF
-
Click to Read online and shareREAD