Brunhart, Andreas (2024): Industrieller Strukturwandel: Wachstum der Wertschöpfung trotz Exportstagnation. LI Facts 1/2024. Liechtenstein-Institut, Gamprin-Bendern.

The newly published LI Facts 1/2024 builds on the analyses of LI Focus 2/2024 and examines the structural change in Liechtenstein’s industry in a European comparison. Since the 2008/09 financial crisis, value added in Liechtenstein’s industry has grown significantly faster than goods exports. The structural shift of production abroad and simultaneous domestic expansion of headquarters functions are not specific to Liechtenstein. A similar trend can be seen in most Western European countries, while the opposite can be observed in Eastern Europe.