Recent Evolution of World Trade: Impact of Relocation and Growth in Emerging countries. Julio Raffo based on. World Trade: The return of the “Old Economy”, ...
Relocation of production and services and its impact on employment in the European context ETUI expert meeting, 6 March 2006, Brussels
Recent Evolution of World Trade: Impact of Relocation and Growth in Emerging countries
Julio Raffo based on World Trade: The return of the “Old Economy, Luis Miotti and Frédérique Sachwald, forthcoming, March 2006, www.ifri.org
Introduction
Discussion: Consequences of the development of emerging countries on advanced countries.
Point of view : international trade > indicators drawn from the distribution of world exports. Demandside: development of local markets. Imports of consumer goods and mainly equipment goods. Supply side: global production and innovation networks. Role of multinationals : vertical fragmentation of value chains. Impact on the specialization of countries.
IFRI / March 2006
Global trade dynamics of sectors relative to world trade growth (1992-2000)
13 1a. 1992-2000 11
9
Pharmaceuticals
7 5 Instruments RTC components 3 Furniture 1 Vehicles bodies Basic chemicals Automobile Sport Other Metal -1 chemicals products Clothing Printing Mineral -3 Wood Paper Textile Other products RTC transportreceiversMachines Leather T s -5 oyFibresBasicmetalFododts pro uc
-7 Tobacco -9 IFRI / March 2006
RTC transmitters
Electronic comp.
Computers
Electrical app.
Auto. Comp. Plastic Detergents and perfumes Domestic app. Agrochemicals
Aircraft
Global trade dynamics of sectors relative to world trade growth (2000-2004)
13
11
Pharmaceuticals
RTC components
Vehicles bodies
9 7 Detergents and perfumes 5 Basic metal Instruments Basic chemicals Other3 transport Metal RTC Food Auto. Co . receivers Furniture mp products products Other1 chemicals Agrochemicals Sport Mineral products -1 Clothing Toys LeatherTextile Printing -3 Fibres Wood Paper -5