Factoryless Goods Production

Source: International Monetary Fund – IMF (video statements)

How is GDP measured when a company designs a product in one country but manufactures it in another? In this episode of The Economy – How Do You Measure That?, Jim Tebrake speaks with Jennifer Ribarsky from the IMF’s Statistics Department about factoryless goods production, global value chains, and how statisticians track value added across borders. Learn why ownership, production risk, and intellectual property matter when measuring trade, imports, and economic output.

https://www.youtube.com/watch?v=mYkMU3E7V7Q