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Analyzing the Effects of the U.S.-China Trade War on Apparel and Textile Supply Chains

Analyzing the Effects of the U.S.-China Trade War on Apparel and Textile Supply Chains PDF Author: Andrew J. Lamb
Publisher:
ISBN:
Category : Business logistics
Languages : en
Pages : 233

Book Description
This paper aims to estimate the effects of the United States-China trade wars of 2018 and onwards as they pertain to the individual stages of global textiles and apparel supply chains. The analysis utilizes data in groupings of different Harmonized Tariff Schedule (HS) Categories to trace where along a hypothetical supply chain did the trade war have a particular effect. This paper serves to add to the foundation of knowledge and literature surrounding the relationship between trade shocks and global supply chains. Over the course of the trade war between the United States and China, key findings would be that the trade war effects were either consistent or inconsistent with expectations of different entities' approach to exporting activities in anticipation of, and during, volatile trade conditions.

Analyzing the Effects of the U.S.-China Trade War on Apparel and Textile Supply Chains

Analyzing the Effects of the U.S.-China Trade War on Apparel and Textile Supply Chains PDF Author: Andrew J. Lamb
Publisher:
ISBN:
Category : Business logistics
Languages : en
Pages : 233

Book Description
This paper aims to estimate the effects of the United States-China trade wars of 2018 and onwards as they pertain to the individual stages of global textiles and apparel supply chains. The analysis utilizes data in groupings of different Harmonized Tariff Schedule (HS) Categories to trace where along a hypothetical supply chain did the trade war have a particular effect. This paper serves to add to the foundation of knowledge and literature surrounding the relationship between trade shocks and global supply chains. Over the course of the trade war between the United States and China, key findings would be that the trade war effects were either consistent or inconsistent with expectations of different entities' approach to exporting activities in anticipation of, and during, volatile trade conditions.

Effects of the US-China Trade War on International Supply Chains

Effects of the US-China Trade War on International Supply Chains PDF Author: Ɓukasz Ambroziak
Publisher:
ISBN: 9788366306677
Category :
Languages : en
Pages :

Book Description


Geopolitics, Supply Chains, and International Relations in East Asia

Geopolitics, Supply Chains, and International Relations in East Asia PDF Author: Etel Solingen
Publisher: Cambridge University Press
ISBN: 110883356X
Category : Business & Economics
Languages : en
Pages : 321

Book Description
An accessible overview of political, economic, and strategic dimensions of global supply chains in a changing global political economy.

Apparel Supply Chain Between Europe and China

Apparel Supply Chain Between Europe and China PDF Author: Hans-Christian Pfohl
Publisher: Hans-Christian Pfohl
ISBN: 3924606544
Category : Business logistics
Languages : en
Pages : 126

Book Description


Friends Like this

Friends Like this PDF Author: Haiou Mao
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description
This paper considers the indirect impact the recent tariff increases between the US and China can have in third countries through links in global supply chains. We combine data from inputoutput relationships, imports and tariffs, to calculate the impact of the tariff increases by both the US and China on cumulative tariffs for other countries and thus hurt trade partners further downstream in global supply chains. We also show that this is particularly important for tariff increases on Chinese imports in the US. These are likely to be used as intermediates in production in the US, which are then re-exported to third countries. The most heavily hit third countries are the closest trade partners, namely Canada and Mexiko. We estimate that the tariffs impose additional burden of around 500 to 600 million US dollars on these two countries. China's tariffs on US imports have less of an effect.

China's Export Effects

China's Export Effects PDF Author: Davis P. Katakura
Publisher:
ISBN:
Category : Business logistics
Languages : en
Pages : 66

Book Description
"China's extraordinary economic growth has had a large impact on the world economy. Between 1995 and 2015, China's share in the world's total exports increased from 3.2% to 13.8%. The effect of China's sudden growth may have affected neighboring, developing economies that possessed a similar make- up to China in terms of labor resources and products produced. This paper attempts to address the effects of China's exports on the magnitude and composition of other countries' exports by analyzing a dataset of bilateral trade flows between countries, covering the period 1988-2016 at a highly disaggregated product level. Including the most recent data will include the exogenous shocks of the US Financial Crisis and the Great Trade Collapse of 2008-2009. Disaggregated products are classified by their sector of industry (e.g., electronics and clothing) and final usage in a global supply chain (e.g., intermediate inputs, final goods, and capital goods). Using a gravity model of trade, we quantitatively investigate both the crowding-out and crowding-in of trade due to China's exports. Standard trade theory of comparative advantage suggests if China is relatively good at exporting certain goods, trading partners will produce less (crowding-out), but those resources can be reallocated to new sectors and stages in global supply chains, increasing exports elsewhere (crowding-in). The results show that China's role exhibits a greater influence in crowding-in and crowding-out final goods relative to its effect on stimulating global supply chains. If China's exports remained constant at its 1988 levels, the rest of the world would have experienced around a 10% decrease in trade."-- from abstract.

Schism

Schism PDF Author: Paul Blustein
Publisher: McGill-Queen's Press - MQUP
ISBN: 1928096867
Category : Business & Economics
Languages : en
Pages : 249

Book Description
China's entry into the World Trade Organization (WTO) in 2001 was heralded as historic, and for good reason: the world's most populous nation was joining the rule-based system that has governed international commerce since World War II. But the full ramifications of that event are only now becoming apparent, as the Chinese economic juggernaut has evolved in unanticipated and profoundly troublesome ways. In this book, journalist Paul Blustein chronicles the contentious process resulting in China's WTO membership and the transformative changes that followed, both good and bad - for China, for its trading partners, and for the global trading system as a whole. The book recounts how China opened its markets and underwent far-reaching reforms that fuelled its economic takeoff, but then adopted policies - a cheap currency and heavy-handed state intervention - that unfairly disadvantaged foreign competitors and circumvented WTO rules. Events took a potentially catastrophic turn in 2018 with the eruption of a trade war between China and the United States, which has brought the trading system to a breaking point. Regardless of how the latest confrontation unfolds, the world will be grappling for decades with the challenges posed by China Inc.

Changing Patterns of Global Trade

Changing Patterns of Global Trade PDF Author: Nagwa Riad
Publisher: International Monetary Fund
ISBN: 1463973101
Category : Business & Economics
Languages : en
Pages : 87

Book Description
Changing Patterns of Global Trade outlines the factors underlying important shifts in global trade that have occurred in recent decades. The emergence of global supply chains and their increasing role in trade patterns allowed emerging market economies to boost their inputs in high-technology exports and is associated with increased trade interconnectedness.The analysis points to one important trend taking place over the last decade: the emergence of China as a major systemically important trading hub, reflecting not only the size of trade but also the increase in number of its significant trading partners.

Measuring and Analyzing the Impact of GVCs on Economic Development

Measuring and Analyzing the Impact of GVCs on Economic Development PDF Author: World Trade Organization
Publisher: World Trade Organization
ISBN: 9789287041258
Category : Political Science
Languages : en
Pages : 0

Book Description
This report is about a huge contribution to our deepening understanding of what the global economy really means and how it is changing. The report helpfully distinguishes elements of an economy that are tradable and the large set that are non-tradable. Clearly the tradables set is expanding with the support of enabling technology. The report argues that connectivity in the networks that define the evolving architecture of GVCs is important. This Global Value Chain Development Report is the result of intensive and detailed work in assembling and analyzing data on the structure of economies and on how they are linked. It creates a much clearer picture of evolving patterns of independence. It also presents a much clearer picture of comparative advantage. --Publisher description.

Sewing Success?

Sewing Success? PDF Author: Gladys Lopez-Acevedo
Publisher: World Bank Publications
ISBN: 0821389734
Category : Business & Economics
Languages : en
Pages : 535

Book Description
The end of the MFA was followed by rising apparel exports, falling prices, and a reallocation of production and employment between countries. There were also significant changes within countries. The first main finding of this report is that export and employment patterns after the MFA/ATC did not necessarily match predictions. While many predicted that production would shift to low-wage countries, this book shows that only 13 percent of variation in export changes post-MFA can be explained by the differences in wage levels. Second, changes in exports are usually, but not always, good indicators of what happens to wages and employment within countries. This is especially important for policy because it shows that simply using exports as a metric of 'success' in terms of helping the poor is not sufficient. Third, the Book identifies the specific ways that changes in the global apparel market affected earnings. The Book shows that wage premiums change in predictable ways: rising (in most cases) in countries that were proactive in adapting to the MFA phase-out and expanded their market shares, and falling in countries that failed to respond in a timely fashion to the changing environment. The Book shows that promoting 'upgrading' (defined as shifting to higher-value goods, shifting up the value chain, or 'modernizing' production techniques) seems to be necessary for sustainable competitiveness in the apparel sector but does not necessarily help the poor. Policies that support upgrading need to be complemented with targeted workforce development to make sure that the most vulnerable workers are not left behind. Having a vision for the evolution of the apparel sector that incorporates developing worker skills seems crucial. Otherwise, less-skilled workers could miss out on opportunities to gain valuable work experience in manufacturing.