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022			_a00129976
100			_aVeeramani, c. _9122242
245		0	_aDynamics and Determinants of Fragmentation Trade Indian in Comparative and Long-term Perspective
260			_bEconomic and Political Weekly
260			_c2024
300			_a39-49
520			_aThe dynamics and determinants of fragmentation trade in major Asian countries from 1962 to 2018 are examined, focusing on the role of network products within the global value chains. A sequential entry pattern into the network product export market is seen, with Japan as the forerunner, followed by other East and Southeast Asian countries. China experienced significant growth in the 1990s, following a wild geese flying pattern. An inverted V curve for export market participation is identified, with economies like Thailand and Vietnam currently on the upswing. India and Indonesia are yet to make substantial inroads. It is argued that concerns about low-wage countries being trapped in low-value tasks are unfounded. Liberalising trade policies and fostering a conducive environment for foreign direct investments are crucial for GVC integration. Additionally, improving logistical infrastructure and connectivity to lower transportation and communication costs is essential.
650			_a Global Value Chains _9120787
650			_a Network Product Export Market  _9122243
650			_aFragmentation Trade _9122244
700			_a Dhir, Garima _9122245
856			_uhttps://www.epw.in/journal/2024/34/indias-industrial-transformation/dynamics-and-determinants-fragmentation-trade.html
999			_c134240 _d134240