Business Case Studies & Business Publications

Is the Diamond Capital of the World Losi...

Debaere, Peter, de...

Case

Is the Diamond Capital of the World Losing its Sparkle? Diamond Trading and Cutting in a Changing Global Economy

Debaere, Peter; de Koninck, Vincent

G-0612 | Published January 16, 2007 | 15 pages Case

Collection: Darden School of Business

Product Details

The diamond industry has been subject to significant change. There is increased competition from low-wage countries such as India and China, the concern about blood diamonds, and policy issues affecting the viability of trading diamonds. In this case, we study how Antwerp's dominant position in the diamond trade is being challenged and eroded. The case offers a good opportunity to introduce and discuss comparative advantage and relate it to Heckscher-Ohlin type of trade.