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Global value chains after the Great Recession: main challenges for advanced and developing countries
Tsyrulnik, Alexandr ; Bolotov, Ilya (advisor) ; Černá, Iveta (referee)
The industrial revolution made great industrial powers out of North America and Western Europe. Hundred years after, ICT revolution and offshoring of production processes paved the way for intense economic growth of the developing countries. Following breakdown of the Soviet Bloc, market oriented reforms in China together with other circumstances have gradually changed balance of powers in favour of the developing world. However, developed economies have been keeping a competitive advantage consisting in activities associated with creativity and know-how, while the newly industrialized countries have been using mainly extensive growth model based on cheap labour and repetitive activities. These processes have been taking place across highly advanced and sophisticated global value chains. Our goal is to look deeply into the impact of the smiling curve and the evolution of the shares of value added for both developing and developed countries, before and after the Great Recession, across three industries: textile, electronics and automotive, and find out, whether developing countries are situated in a so-called low value added trap, in other words their shares for a longer period have either been stagnating or declining, while shares of developed countries have been constantly growing.
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Position of transnational corporations in Southeast Asia
Tsyrulnik, Alexandr ; Bolotov, Ilya (advisor) ; Čajka, Radek (referee)
This bachelor thesis analyses activities of transnational corporations in Southeast Asia conducted by the foreign direct investment. The goal is to explore the mutual relations between these two entities and to understand, what the region means for transnational corporations and, simultaneously, how corporations influence the socio-economic live of the region. The course of analysis does not contain only modern aspects of the development of foreign direct investment, but also the key historical issues. The thesis consists of three parts. The first provides the main macroeconomic profile of Southeast Asia. In the second part we go through the historical concept together with today's opportunities and challenges presented in the region. Finally the third chapter focuses on the current state of the foreign direct investment, its dynamic, main actors, trends and impacts, both positive and negative. The subject is quite important nowadays due to the contemporary process of globalization, in which transnational corporations are the driving force and the states of Southeast Asia are one of the main providers of different kinds of facilities for the corporate activities.
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