Study presentation: Global Value Chains, Functional Specialisation and Labour Markets

Global Value Chains, Functional Specialisation and Labour Markets
The emergence of global value chains has radically changed the organisation of production in the EU economy. In particular, the increasingly fine-grained international division of labour has made it possible for countries to specialise in individual business functions of the value chain. In a project sponsored by the Hans-Böckler-Stiftung, the Vienna Institute for International Economics Studies (wiiw) and the Gdańsk University of Technology investigate the positions of EU member states along this functional dimension, and shed light on the determinants and implications associated with such positioning.
Video edited by Iulia Anamaria Barta
About wiiw:
The Vienna Institute for International Economic Studies (wiiw) is Vienna-based policy think tank with a focus on Central, East, and Southeast Europe. We conduct research on international economics, deliver macroeconomic forecasts, comment the ongoing events, collect statistical data, and organize events to discuss policy-related questions.
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#economics #valuechain #industrial #industry #eu

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I would love to see this expanded to incorporate country size, both area & population, also country environment & level of diversity of environments. If we are properly to assess deglobalisation, local/regional stability, the aforementioned factors are certainly important when considering human systems.