Globalisation, cost competitiveness and international trade: the evolution of the Italian textile and clothing industries and the growth of trade with China

Dunford, Michael, Dunford, Robin, Barbu, Mirela and Liu, Weidong (2016) Globalisation, cost competitiveness and international trade: the evolution of the Italian textile and clothing industries and the growth of trade with China. European Urban and Regional Studies, 23 (2). pp. 111-135. ISSN 0969-7764

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Abstract

Amongst developed countries, Italy is unusual in that it has maintained a specialisation in traditional industries such as textiles and clothing (TCI). Explanations of Italy’s unusual industrial profile mainly emphasise the role of endogenous economic and cultural resources. Globalisation in the 1990s and 2000s saw slow growth and a significant decline of these formerly resilient industries. Analyses of trade and unit value data support accounts of the lateness of the Italian TCI’s movement in the direction of Outward Processing Traffic (OPT) and the subsequent rise of a pan-Euro-Mediterranean system. More recently, however, this system has declined as a result of new competitive challenges from China and other emerging economies that have eroded the position of Italian enterprises on export and domestic markets and adversely affected their Euro-Mediterranean suppliers. As district and value-chain theories show, the geography of industrial activities is a result of enterprise strategies and the environment in which they operate. To embrace recent trends these theories must, however, be extended to give greater weight to exchange rate, trade, market, demand-side and related institutional issues.

Item Type: Article
Keywords: Agreement on Textiles and Clothing, China, geography of international trade, global value chains, Italy, Multi-Fibre Arrangement, Outward Processing Traffic, pan-Euro-Mediterranean system, textiles and clothing, trade rules, unit values
Schools and Departments: School of Business, Management and Economics > Business and Management
School of Global Studies > Geography
Subjects: H Social Sciences > HF Commerce > HF1021 Commercial geography. Economic geography
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Depositing User: Mirela Barbu
Date Deposited: 25 Jan 2019 12:46
Last Modified: 25 Jan 2019 12:46
URI: http://sro.sussex.ac.uk/id/eprint/81455

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Project NameSussex Project NumberFunderFunder Ref
Economic Inter-dependence and Comparative Regional Dynamics in Developed and Developing Economies: Trade and Regional Trajectories in China and the European UnionG0389ESRC-ECONOMIC & SOCIAL RESEARCH COUNCILRES-062-23-1600