The Changing Role of U. S. World Trade

1962 ◽  
Vol 26 (1) ◽  
pp. 1-5
Author(s):  
L. F. McCollum
Keyword(s):  
1962 ◽  
Vol 26 (1) ◽  
pp. 1
Author(s):  
L. F. McCollum
Keyword(s):  

Author(s):  
Irina A. Rodionova ◽  
Ekaterina A. Antipova

The industrialisation of the world economy continues to develop not only at the expense of economically developed, but also at the expense of developing countries. This leads to a spatial regrouping of forces in the architecture of world industry at the regional and global levels. Changes can be traced both in production and in trade in products of hightechnology industries. The purpose of the study is to characterise modern processes in the global manufacturing industry, to show the changing role of regions in the world industry and world trade in products of knowledge- and technologyintensive (KTI) industries with varying degrees of research and development (R&D) intensity, to identify the role of a new leading region, as well as the positions of China and other countries. In the course of the research, Asia’s stable leadership in the production and export of products of high-technology industries with varying degrees of R&D intensity was established. It is shown that at present the Asia region is the leader, first of all, due to the industrial development of China, the share of which is about 30 % in the production of products of the world manufacturing industry. At the same time, the share of China in the manufacturing industry of the Asian region (the modern leader of the world industry) exceeds 50 % (as well as in the trade in industrial products of the countries of this region) already. China came out on top in the export of all groups of high-technology goods with varying degrees of R&D intensity, including in the export of high-technology goods with high R&D intensive (23 and 20 % of world exports, respectively). China is the leader in the production (26 %) and export (12 %) of high-technology goods with medium-high R&D intensity also. The strengthening of the position of the Asian region in the world industry and world trade of knowledge- and technology-intensive goods in the second decade of the 21st century is revealed.


1969 ◽  
Vol 33 (3) ◽  
pp. 355-360
Author(s):  
JA DiBiaggio
Keyword(s):  

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