000118267 001__ 118267
000118267 005__ 20240319081007.0
000118267 0247_ $$2doi$$a10.1038/s41598-022-12067-x
000118267 0248_ $$2sideral$$a129539
000118267 037__ $$aART-2022-129539
000118267 041__ $$aeng
000118267 100__ $$aAlves, L.G.A.
000118267 245__ $$aThe rise and fall of countries in the global value chains
000118267 260__ $$c2022
000118267 5060_ $$aAccess copy available to the general public$$fUnrestricted
000118267 5203_ $$aCountries become global leaders by controlling international and domestic transactions connecting geographically dispersed production stages. We model global trade as a multi-layer network and study its power structure by investigating the tendency of eigenvector centrality to concentrate on a small fraction of countries, a phenomenon called localization transition. We show that the market underwent a significant drop in power concentration precisely in 2007 just before the global financial crisis. That year marked an inflection point at which new winners and losers emerged and a remarkable reversal of leading role took place between the two major economies, the US and China. We uncover the hierarchical structure of global trade and the contribution of individual industries to variations in countries’ economic dominance. We also examine the crucial role that domestic trade played in leading China to overtake the US as the world’s dominant trading nation. There is an important lesson that countries can draw on how to turn early signals of upcoming downturns into opportunities for growth. Our study shows that, despite the hardships they inflict, shocks to the economy can also be seen as strategic windows countries can seize to become leading nations and leapfrog other economies in a changing geopolitical landscape.
000118267 536__ $$9info:eu-repo/grantAgreement/ES/DGA/E36-20R$$9info:eu-repo/grantAgreement/ES/MCIN-AEI-FEDER/PID2020-115800GB-I00
000118267 540__ $$9info:eu-repo/semantics/openAccess$$aby$$uhttp://creativecommons.org/licenses/by/3.0/es/
000118267 590__ $$a4.6$$b2022
000118267 592__ $$a0.973$$b2022
000118267 591__ $$aMULTIDISCIPLINARY SCIENCES$$b22 / 73 = 0.301$$c2022$$dQ2$$eT1
000118267 593__ $$aMultidisciplinary$$c2022$$dQ1
000118267 594__ $$a7.5$$b2022
000118267 655_4 $$ainfo:eu-repo/semantics/article$$vinfo:eu-repo/semantics/publishedVersion
000118267 700__ $$aMangioni, G.
000118267 700__ $$aRodrigues, F.A.
000118267 700__ $$aPanzarasa, P.
000118267 700__ $$0(orcid)0000-0002-0895-1893$$aMoreno, Y.$$uUniversidad de Zaragoza
000118267 7102_ $$12004$$2405$$aUniversidad de Zaragoza$$bDpto. Física Teórica$$cÁrea Física Teórica
000118267 773__ $$g12 (2022), 9086 [14 pp.]$$pSci. rep. (Nat. Publ. Group)$$tScientific reports (Nature Publishing Group)$$x2045-2322
000118267 8564_ $$s4054620$$uhttps://zaguan.unizar.es/record/118267/files/texto_completo.pdf$$yVersión publicada
000118267 8564_ $$s2776614$$uhttps://zaguan.unizar.es/record/118267/files/texto_completo.jpg?subformat=icon$$xicon$$yVersión publicada
000118267 909CO $$ooai:zaguan.unizar.es:118267$$particulos$$pdriver
000118267 951__ $$a2024-03-18-14:43:32
000118267 980__ $$aARTICLE