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Fragmentation: New Production Patterns in the World Economy (in English)
Arndt, Sven W.,Kierzkowski, Henryk (Author)
·
Oxford University Press
· Hardcover
Fragmentation: New Production Patterns in the World Economy (in English) - Arndt, Sven W.,Kierzkowski, Henryk
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Synopsis "Fragmentation: New Production Patterns in the World Economy (in English)"
As the world economy becomes more integrated, products become more globalized. Airplanes, automobiles, computers, watches, and garments are among products whose constituent parts are made all over the world. This volume presents arguments and evidence showing that this process is benign: it raises competitiveness, creates jobs, and enhances economic welfare.