TY  - JOUR
AU  - Baldwin, Richard
TI  - Trade And Industrialisation After Globalisation's 2nd Unbundling: How Building And Joining A Supply Chain Are Different And Why It Matters
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 17716
PY  - 2011
Y2  - December 2011
DO  - 10.3386/w17716
UR  - http://www.nber.org/papers/w17716
L1  - http://www.nber.org/papers/w17716.pdf
N1  - Author contact info:
Richard Baldwin
Pavillard 6
CH-1009 Pully
SWITZERLAND
Tel: 41-22-908-5900
Fax: 41-21-733-3049
E-Mail: rbaldwin@cepr.org
M1  - published as Richard Baldwin. "Trade and Industrialization after Globalization's Second Unbundling: How Building and Joining a Supply Chain Are Different and Why It Matters," in Robert C. Feenstra and Alan M. Taylor, editors, "Globalization in an Age of Crisis: Multilateral Economic Cooperation in the Twenty-First Century" University of Chicago Press (2014)

M3  - presented at "Globalization in an Age of Crisis", September 14-16, 2011
AB  - Revolutionary transformations of industry and trade occurred from 1985 to the late-1990s - the regionalisation of supply chains. Before 1985, successful industrialisation meant building a domestic supply chain. Today, industrialisers join supply chains and grow rapidly because offshored production brings elements that took Korea and Taiwan decades to develop domestically. These changes have not been fully reflected in "high development theory" - a lacuna that may lead to misinterpretation of data and inattention to important policy questions.
ER  -