118267 20240319081007.0 doi 10.1038/s41598-022-12067-x sideral 129539 ART-2022-129539 eng Alves, L.G.A. The rise and fall of countries in the global value chains 2022 Access copy available to the general public Unrestricted Countries 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. info:eu-repo/grantAgreement/ES/DGA/E36-20R info:eu-repo/grantAgreement/ES/MCIN-AEI-FEDER/PID2020-115800GB-I00 info:eu-repo/semantics/openAccess by http://creativecommons.org/licenses/by/3.0/es/ 4.6 2022 MULTIDISCIPLINARY SCIENCES 22 / 73 = 0.301 2022 Q2 T1 0.973 2022 Multidisciplinary 2022 Q1 7.5 2022 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Mangioni, G. Rodrigues, F.A. Panzarasa, P. Moreno, Y. Universidad de Zaragoza (orcid)0000-0002-0895-1893 2004 405 Universidad de Zaragoza Dpto. Física Teórica Área Física Teórica 12 (2022), 9086 [14 pp.] Sci. rep. (Nat. Publ. Group) Scientific reports (Nature Publishing Group) 2045-2322 4054620 http://zaguan.unizar.es/record/118267/files/texto_completo.pdf Versión publicada 2776614 http://zaguan.unizar.es/record/118267/files/texto_completo.jpg?subformat=icon icon Versión publicada oai:zaguan.unizar.es:118267 articulos driver 2024-03-18-14:43:32 ARTICLE