... into clusters based on similarities. This method classifies countries into distinct trajectories within Global Value Chains (GVCs), distinguishing between Global North ( GN ) and Global South ( GS ) nations. By identifying economic growth and trade patterns, K-means helps reveal the unequal distribution...

... international‐business literature and contentions within the comparative‐capitalisms perspective. A corollary of arguments within the former is that those countries that have less transparent ways of doing business will post poorer economic growth records than those with more predictable and less costly...