Trade Interconnectedness The World With Global Value Chains


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Trade Interconnectedness - The World with Global Value Chains


Trade Interconnectedness - The World with Global Value Chains

Author: International Monetary Fund. Strategy, Policy, & Review Department

language: en

Publisher: International Monetary Fund

Release Date: 2013-08-27


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The aim of this paper is to address the implications of Global Value Chains (GVCs) for the Fund’s surveillance work. The paper first draws on the World Input-Output Database (WIOD) to document the dynamics of trade linkages between countries and regions through GVCs and its impact on the real economy. The paper then examines the implications of GVCs for the real effective exchange rate (REER), a key tool used at the Fund for bilateral as well as multilateral surveillance work, and shows the potential benefit of revisiting the REER formula in light of the increasing relevance of GVCs. The paper ends with implications of GVCs for trade and trade-related policies and the multilateral trading system

Global Value Chains in a Changing World


Global Value Chains in a Changing World

Author: Deborah Kay Elms

language: en

Publisher:

Release Date: 2013


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A collection of papers by some of the world's leading specialists on global value chains (GVCs). It examines how GVCs have evolved and the challenges they face in a rapidly changing world. The approach is multi-disciplinary, with contributions from economists, political scientists, supply chain management specialists, practitioners and policy-makers. Co-published with the Fung Global Institute and the Temasek

Global Value Chain Development Report 2021


Global Value Chain Development Report 2021

Author: Banque asiatique de développement

language: en

Publisher:

Release Date: 2022-01-25


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A radical shift is underway in global value chains as they increasingly move beyond traditional manufacturing processes to services and other intangible assets. Digitization is a leading factor in this transformation, which is being accelerated by the coronavirus disease (COVID-19) pandemic. The Global Value Chain Development Report, the third of a biennial series, explores this shift beyond production. The report shows how the rise of services value chains offers a new path to development and how protectionism and geopolitical tensions, environmental risks, and pandemics are undermining the stability of global value chains and forcing their reorganization geographically. It is co-published by the WTO, the Asian Development Bank, the Research Institute for Global Value Chains at the University of International Business and Economics, the Institute of Developing Economies, and the China Development Research Foundation.