Retos y desafíos de las cadenas globales de valor
Abstract
This article discusses some recent issues related to the evolution of global value chains (GVCs). In particular, it analyses the role that recent developments in labour costs, institutional and technological factors can play in modifying the map of global trade and production. Additionally, the article focuses on the relationship between GVCs and the labour market, arguing that this dimension of analysis is key to fully understanding the consequences of productive reorientation, which however remains largely unexplored in the literature
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