Introduction -- FDI as an Instrument for Sustainable Economic Development of the Host Territory -- Global Value Chains and the Participation of Albania in International Trade -- Integration of Albania in the Global Value Chains of the Clothing Industry -- Case Study Methodology on Clothing Manufacturing Subsidiaries in Albania -- The Evolution of Clothing Manufacturing Subsidiaries in Albania -- Case Study Analysis of Foreign Clothing Manufacturing Enterprises Operating in Albania -- The Need for Innovation in Trade Openness of Albania -- The Road Ahead into Integration in Global Value Chains -- Glossary.

This book reveals the hidden potential of emerging economies to become the new industrial hubs in existing global value chains. Pursuing a data-centric approach, it investigates the presence of foreign direct investment as an instrument for emerging economies to promote active participation in global value chains. This approach is based on time series analyses conducted at the national and industry level, and on datasets retrieved from international databases such as EORA, ICIO, and World Integrated Solutions. The outcomes of robust statistical models indicate that export-related innovations can improve trade openness and transform emerging economies into active players in global value chains. Researchers, developers, and professionals in the field will find a comprehensive and self-contained guide to the topic.