Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/142571 
Year of Publication: 
2010
Series/Report no.: 
EERI Research Paper Series No. 09/2010
Publisher: 
Economics and Econometrics Research Institute (EERI), Brussels
Abstract: 
Vertical disintegration in most industries and the globalization of markets has led to significant changes in the pattern of international division of labour among manufacturing firms. At the same time increased competition from low cost producers, exchange rate constraints, the opening up of CEE countries have had huge consequences for the Italian industrial system. This paper deals with the Veneto footwear, furniture and refrigeraion industries and examines the effects of foreign direct investments and subcontracting in Romania. The reorganization of the division of labour, in the most dynamic suppliers induced a change in the “nature of subcontracting”, upgrading along the ladder of the value chain as more and more operations are offshored.
Subjects: 
Foreign direct investment
International subcontracting
JEL: 
D82
F23
Document Type: 
Working Paper

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