International Trade and Global Value Chain: An Overview

Supriyo Mondal

MPRA Paper from University Library of Munich, Germany

Abstract: This paper attempts to explore the theoretical relations between existing trade literature and converge through it to recent trade evidence i.e. fragmentation of production processes into tasks and thus trade in tasks rather than a final marketable produce. Through its fallacies, we also try to address the problem of growth and development by the channels of international linkages. This paper does not suggest reverse globalisation, but believes in 'internal development' to gain the most out of the global economy. A special emphasis has been laid on India.

Keywords: Global Value Chain; Trade in intermediate commodities; Development; Regional Mobility of Factors; Multinational Corporations (search for similar items in EconPapers)
JEL-codes: F10 F20 F23 F6 F63 (search for similar items in EconPapers)
Date: 2023-01-01
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:116018

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