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Thank you for your comment.  I am not familiar with a literature that would explain the impact on the global economy.  Has there been an impact yet? I am not so sure. Will it in the future – most likely.  Perhaps it is still happening at the margins.  I am sure you are familiar with the literature “blue ocean strategies.”  Anyway, take a look at: https://hbr.org/product/blue-ocean-strategy-expanded-edition-how-to-create-uncontested-market-space-and-make-the-competition-irrelevant/13892E-KND-ENG.  Thanks, Harry