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Export-oriented industrialization (EOI), sometimes called export substitution industrialization (ESI), export-led industrialization (ELI), or export-led growth, is a trade and economic policy aiming to speed up the industrialization process of a country by exporting goods for which the nation has a comparative advantage. Export-led growth ...
GVC analysis views “upgrading” as a continuum starting with “process upgrading” (e.g. a producer adopts better technology to improve efficiency), then moves on to “product upgrading” where the quality or functionality of the product is upgraded by using higher quality material or a better quality management system , and then on to ...
Map of countries by exports, 2023. The following article lists different countries and territories by their exports according to data from the World Bank. Included are merchandise exports and service exports. Merchandise exports are goods that are produced in one country and sold to another country. Service exports refer to the cross-border ...
An industry value-chain is a physical representation of the various processes involved in producing goods (and services), starting with raw materials and ending with the delivered product (also known as the supply chain). It is based on the notion of value-added at the link (read: stage of production) level.
Low-cost country sourcing (LCCS) is procurement strategy in which a company sources materials from countries with lower labour and production costs in order to cut operating expenses. [citation needed] LCCS falls under a broad category of procurement efforts called global sourcing. The process of low-cost sourcing consists of two parties.
The plan had been to start gradually restoring 2.2 million barrels per day over the course of 2025. Eight members of the OPEC+ alliance of oil exporting countries decided Thursday to put off ...
A maquila in Mexico. A maquiladora (Spanish: [makilaˈðoɾa]), or maquila (IPA:), is a word that refers to factories that are largely duty free and tariff-free.These factories take raw materials and assemble, manufacture, or process them and export the finished product.
This complicates things for OPEC+, which was planning to start increasing output in December. Oil is down 20% from April highs, causing some exporters to be cautious about how much they're pumping ...