“Blindly” engaging in global supply chains can erode developing nations’ economic power. In a world composed of global value chains, headline global trade data can mask the truth about how much exports are actually benefiting a country, according to professor Xiao Jiang from Denison University. Here’s why: If a country’s imports of semi-finished goods contain significant high-skill labor content, that country will lose will lose domestic share of value-added activities. That means a loss of econ