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Seminars in Local and Global Regional Economies

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Vaule-Added Erosion In Global Value Chains: Rethining International Trade, Xiao Jiang Mar 2018

Vaule-Added Erosion In Global Value Chains: Rethining International Trade, Xiao Jiang

Seminars in Local and Global Regional Economies

The prevalence of "vertical specialization" and global value chains (GVCs) demands that we think differently about international trade and its relationship to employment. This talk discusses employment effects of GVCs trade. Dr. Jiang argues that the expansion of foreign high value-adding activities in the upper stream of GVCs is likely to lead to a decline of domestic value-added share, leading to intensification of international and domestic distributional conflicts.

Dr. Xiao Jiang’s research combines mathematical modeling, simulations and statistics with classical political economy. He has provided economic consulting for the International Labor Organization, the Association for East and Southeast Asian Countries, …