What is currently the status of the internationalisation of production?

Words: 123
Pages: 1
Subject: Uncategorized

In 2006, the global value chain scholar Gary Gereffi stated as follows:

“A striking feature of contemporary globalization is that a very large and growing proportion of the workforce in many global value chains is now located in developing economies. In a phrase, the centre of gravity of much of the world’s industrial production has shifted from the North to the South of the global economy”.

What is currently the status of the internationalisation of production?

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