[CUTS-TradeForum] More inclusive global value chains can advance productivity and growth in developing countries.

From: CUTS International

More inclusive global value chains can advance productivity and growth in developing countries

World Trade Organisation

July 10, 2017

Global value chains (GVCs) are transforming world trade, but must be more inclusive if they are to deliver greater benefits to developing countries and smaller companies, according to a new report from the World Bank Group, WTO, OECD, Institute of Developing Economies (IDE-JETRO) and the Research Center of Global Value Chains of the University of International Business and Economics (UIBE).

GVCs create new opportunities for developing countries, increase their participation in global markets and enable them to diversify exports. But while global value chains have helped many developing countries to advance, some countries have benefitted more than others, with some countries, small- and medium-sized firms, and workers in developed and developing economies still being left out. The Global Value Chain Development Report 2017 analyzes new data to help policy makers and others understand global trade’s increasing complexity and consider policies that can make GVCs more inclusive.

“Global value chains are helping to advance the development process in many countries, including developing countries where they contribute to increased productivity, more international trade and faster growth, all of which benefit entire populations. Our report shows how countries can maximize the benefits of GVCs by moving to higher-value added activities, lowering trade costs and making GVCs more inclusive,” said Anabel Gonzalez, Senior Director for the World Bank Group’s Trade & Competitiveness Global Practice.

Please read this news item at:

https://www.wto.org/english/news_e/news17_e/igo_10jul17_e.htm

YOU HAVE RECEIVED THIS MAIL BECAUSE YOU ARE A MEMBER OF THIS E-FORUM. IF YOU WISH TO UNSUBSCRIBE FROM THIS E-FORUM, SEND AN EMAIL TO CITEE@CUTS.ORG WITH ‘UNSUBSCRIBE – CUTS-TRADE FORUM’ IN THE SUBJECT.
- - - - - - - - - - - - - - - - - - - - -
CUTS E-GROUP FORUMS
FunCompForum for news and views on Economic Policy & Governance Issues in India
CompetitiOnlineForum for International Competition, Investment and Regulation news and views
CUTSTradeForum for International Trade & Development news and views
CUTS-SouthAsia to discuss Trade and Economic (including Competition and Investment and Regulations) issues and challenges in South Asia
CUTSConsumersUp for Consumer Empowerment in India to take the consumer movement forward
CUTSGovForum to discuss news and views on Governance issues and challenges in India