Fragmentation
Sven W. Arndt
Chapter 6 in Evolving Patterns in Global Trade and Finance, 2014, pp 83-89 from World Scientific Publishing Co. Pte. Ltd.
Abstract:
Fragmentation involves the decomposition of a production process into its constituent activities and the dispersion of those activities across national borders. It gives rise to cross-country production sharing and production networks. Under fragmentation, traded goods and services contain value added from more than one nation…
Keywords: Preferential Trade Areas; Fragmentation; Cross-Border Production Networks; Off-Shoring; Currency Areas and Monetary Union; Single vs. Dual-Exchange Rate Regimes; Stabilization Policy in Open Economies; International Monetary Relations (search for similar items in EconPapers)
Date: 2014
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