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    Mining Global Value Chains: New Opportunities and Old Obstacles for Developing Countries

Mining Global Value Chains: New Opportunities and Old Obstacles for Developing Countries

By Carlo Pietrobelli (University Roma Tre and UNU-MERIT)

 

 

Mining activities in developing countries have traditionally been considered a form of economic enclave, with limited linkages to the local economy. This column challenges this view by arguing that mining activities are increasingly organized as global value chains (GVCs). Moreover, developments in science and technology are opening up new opportunities for innovative […]

May 10th, 2019|Location, Policy|0 Comments|

What policies work for FDI?

     

By Riccardo Crescenzi (LSE), Marco Di Cataldo (LSE) and Mara Giua (LSE, University Roma Tre)

 

National and sub-national governments around the world have deployed a wide array of public policy tools to attract Foreign Direct Investment – from tax breaks and light regulations to subsidised facilities and new transport infrastructure. The problem is that there is very limited evidence to […]

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    Why foreign investment clicks in some cities and regions, while others are left behind.

Why foreign investment clicks in some cities and regions, while others are left behind.

      By Riccardo Crescenzi (LSE)

The beauty contest between a number of USA cities to host the new Amazon base has unveiled how important the location of major companies is for regional and city development. However, it also showed how difficult it is for cities and regions to gain from what is potentially a race-to-the-bottom where only big Multinationals are […]

Cities, Multinationals, and Trade

    This post analyses the prospects for trade and foreign direct investment (FDI) diversification, with a particular focus on the UK and Canada in the age of Brexit. Daniel Shapiro, Saul Estrin, Christine Cote, Klaus Meyer, and Jing Li examine the nature of trade in services using ideas developed in the international business and economic geography literatures to explore the interrelationships among multinational enterprises, global value […]

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    Innovation Trajectories in Developing Countries:
 How Global Value Chains and Innovation Systems co-evolve

Innovation Trajectories in Developing Countries:
 How Global Value Chains and Innovation Systems co-evolve

By Padmashree Gehl Sampath (UNCTAD), Rasmus Lema (Aalborg University) & Roberta Rabellotti (Università di Pavia & Aalborg University)

The increasing involvement of developing countries in Global Value Chains (GVCs) when supported by well-developed Innovation Systems (ISs) could influence the building of technological and innovation capabilities of their firms and sectors. Introducing the notion of co-evolution of global value chains and […]

November 8th, 2018|Location|0 Comments|
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    Innovation in Global Value Chains: Does Co-location with Production Matter?

Innovation in Global Value Chains: Does Co-location with Production Matter?

 By Koen De Backer (OECD)

There are growing concerns in advanced economies that the offshoring of production activities might be followed by the offshoring of innovative activities. This article presents the findings of a new OECD study that investigates the interdependence between production and innovation in the cross-border investments of multinational enterprises. The econometric results do not provide support for […]

April 9th, 2018|Location|0 Comments|
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    Many multinationals may pull out of the UK if it leaves the Customs Union

Many multinationals may pull out of the UK if it leaves the Customs Union

By Paola Conconi (ULB, LSE)

As March 2019 draws closer, the UK government remains divided over the type of trade relationship it wants to achieve in the ongoing negotiations with the EU. Paola Conconi (ULB, LSE) explains why Japanese multinationals may pull out of the UK in case of a hard Brexit, one which would mean there is no kind of customs […]

The geography of African investment

By Ronald Wall (IHS, Wits)

In recent years, foreign direct investment (FDI) has steadily increased towards the Global South. Africa can take advantage of this trend to promote Africa’s growth potential and drive more inclusive economic growth, writes Ronald Wall. African cities will play a key role in this process by better integrating Africa within global investment systems. This article […]

How to promote inward investment and exports

By Henry Overman (LSE)

With Brexit looming, the What Works Centre for Local Economic Growth has been running a series of workshops with local areas to think about different policy responses and consider what the evidence says on effectiveness, writes Henry Overman. One thing that local areas wanted to know was what the evaluation evidence said on export support and […]

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    Understanding the Brexit vote: the interplay between economic internationalisation and cultural openness

Understanding the Brexit vote: the interplay between economic internationalisation and cultural openness

By Riccardo Crescenzi (LSE, left), Marco Di Cataldo (LSE, centre), and Alessandra Faggian (GSSI, right)

The Leave vote prevailed in regions where local workers do not interact much with foreign cultures – yet some of these places rely on jobs created by foreign firms. If internationalisation in the workplace does not match internationalisation ‘at home’, pressure on local workers to opt out […]

December 13th, 2017|Location|0 Comments|