Synchronized Factories Latin America and the Caribbean in the Era of
The objective of this report is to examine the extent to which countries in Latin America and the Caribbean participate in global value chains and what are the drivers of such participation. Production processes have been increasingly fragmented wor
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Juan S. Blyde Editor
Synchronized Factories Latin America and the Caribbean in the Era of Global Value Chains
Synchronized Factories
Juan S. Blyde Editor
Synchronized Factories Latin America and the Caribbean in the Era of Global Value Chains
Editor Juan S. Blyde Integration and Trade Sector Inter-American Development Bank Washington, DC, USA
ISBN 978-3-319-09990-3 ISBN 978-3-319-09991-0 (eBook) DOI 10.1007/978-3-319-09991-0 Springer Cham Heidelberg New York Dordrecht London Library of Congress Control Number: 2014947872 © The Editor(s) (if applicable) and the Author(s) 2014. The book is published with open access at SpringerLink.com. Open Access This book is distributed under the terms of the Creative Commons Attribution Noncommercial License which permits any noncommercial use, distribution, and reproduction in any medium, provided the original author(s) and source are credited. All commercial rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, re-use of illustrations, recitation, broadcasting, reproduction on microfilms or in any other way, and storage in data banks. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher’s location, in its current version, and permission for commercial use must always be obtained from Springer. Permissions for commercial use may be obtained through RightsLink at the Copyright Clearance Center. Violations are liable to prosecution under the respective Copyright Law. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein. The opinions expressed in this publication are those of the authors and do not necessarily reflect the views of the Inter-American Development Bank, its Board of Directors, or the countries they represent. Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)
Prologue
Until recently, most international trade between industrialized nations and developing countries—the so-called North-South trade—consisted of an exchange of Northern manufactures for Southern raw material and primary goods. Meanwhile, most trade between industrialized nations consisted of exchanges of different manufacturing goods or of similar goods with different qualities or varieties. This scenario changed dramatically when the production of manufactures in the North became fractionalized into various stages and geog
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