The EU industry and the global value chain (Competitiveness Report 2012)

Client/Funding Institution

European Commission, DG Enterprise and Industry

Abstract

This study serves as a background report for the yearly Competitiveness Report of the EC. It identifies a number of policy measures that support the capability of firms in the EU to be competitive in a global market. Especially the changes in value chains within the last ten years, which have led to an extension of trade in the course of globalisation and to an increasing segmentation of the production process, have been analysed. Furthermore, the impact of the economic crisis on changes in trade patterns and potential disruptions of international supply chains as well as possible long-term dynamics of value chains on the competitiveness of firms in the EU and their internationalisation have been analysed. The results serve as an input for the re-formulation of measures in the EU’s industrial policy. The study was coordinated by wiiw.

Duration

January 2011 - May 2012

Website

http://ec.europa.eu/enterprise/policies/industrial-competitiveness/competitiveness-analysis/european-competitiveness-report/index_en.htm

wiiw team Leader

Robert Stehrer

wiiw Staff

Doris Hanzl-Weiss, Roman Stöllinger

Project Partners

Austrian Institute of Technology (AIT), Fraunhofer Institute for Systems and Innovation Research (ISI), Institute for World Economics (IWE) of the Hungarian Academy of Sciences, Austrian Institute of Economic Research (WIFO)

Keywords: competitiveness, international trade

Research Areas: International Trade, Competitiveness and FDI


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