Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/273059 
Year of Publication: 
2023
Series/Report no.: 
Working Paper Forschungsförderung No. 284
Publisher: 
Hans-Böckler-Stiftung, Düsseldorf
Abstract: 
Specialisation in value-chain functions is one of the new phenomena introduced by global value chains and holds great potential for productivity gains. The advantages of global value chain integration, however, could be potentially countered by unfavourable functional specialisation. This study shows that functional specialisation in production activities ('fabrication') tends to hold back wages. For Central and East European EU member states, a specialisation as 'factory economies' could thus become a development trap.
Subjects: 
GVC
FDI
social economy
global value chain
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Working Paper

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