Trade and tasks over three decades
Trade and tasks over three decades
background briefing series, policy briefing, political economy
Sascha O. Becker, Marc Muendler, The CAGE Background Briefing Series No. 46, July 2016
Offshoring and global value chains have reshaped global trade patterns. This column describes how the German economy has been exposed to significant offshoring for at least three decades. The authors find an increasing importance of high-end tasks in the country. Organising and consulting activities under deadlines, changing business conditions, and tougher performance standards are an increasingly common reality in German workplaces. Labour market institutions in German trade partners are largely unrelated to the changing content of German imports.
Political Economy