Synchronized Factories : Latin America and the Caribbean in the Era of Global Value Chains.

Intro -- Prologue -- Purpose of the Report -- Acknowledgments -- Contents -- Chapter 1: Preliminaries: Concepts, Trends, and Frameworks -- Supply Chains -- Offshoring Strategies -- Why Do Firms Fragment Production Internationally? -- What Do Countries in Latin America and the Caribbean Stand to Gain? -- Immense Opportunities but also Potential Risks -- Rationale for Public Policy -- Chapter 2: The Participation of Latin America and the Caribbean in International Supply Chains -- Evidence from Intra-industry Trade Indexes -- Evidence from Trade in Value Added -- Evidence from FDI Data -- Evidence from Trade in Services -- Recapitulating -- Chapter 3: The Drivers of Global Value Chain Participation: Cross-Country Analyses -- Synchronizing Trade: The Role of Transportation, Communication, and Logistics Infrastructure -- Policy Issues -- Production Disintegration and Market Integration: Deep Integration Agreements at Work -- Policy Issues -- Production Unbundling and Firm Boundaries: Foreign Affiliates or Local Suppliers? -- Policy Issues -- Service Offshoring: Grasping the Intangibles -- Policy Issues -- Chapter 4: What It Takes to Join an International Value Chain: The Firm-Level Evidence -- No Ordinary Firms -- Empirical Regularities from Case Studies -- Empirical Regularity 1: Prior Exposure to International Practices and/or Markets -- Empirical Regularity 2: Targeting of Market Segments Based on Some Form of Comparative Advantage -- Empirical Regularity 3: Painstaking Accumulation of Capabilities and Use of Certifications as Evidence of Proficiency -- Empirical Regularity 4: Firms Leveraged Resources and Collaborated with Other Peers to Address Common Challenges -- Empirical Regularity 5: Continuing to Learn and Improving Capabilities Even After Joining a GVC -- Policy Lessons from the Empirical Regularities -- Local Linkages.

Exploit Synergies Through a Coordinated Approach -- Chapter 5: Conclusions -- Appendix A -- Trade in Value Added and Set of Countries -- Comparator Groups -- FDI Dataset -- Appendix B -- Specification for the Model of Vertical FDI and Logistics Infrastructure -- The Effects of Economic Integration Agreements: Estimation and Data Sources -- Specification for the Model of Intra-firm Trade -- Specification for the Model of Service Offshoring -- Appendix C Specification for Measuring the Performance of Vertically Linked Affiliates -- References.

Description based on publisher supplied metadata and other sources.

Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2023. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.