Making Global Value Chains Work for Development

Economic, technological, and political shifts as well as changing business strategies have driven firms to unbundle production processes and disperse them across countries. Thanks to these changes, developing countries can now increase their participation in global value chains (GVCs) and thus becom...

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Bibliographic Details
Main Authors:	Taglioni, Daria, Winkler, Deborah
Format:	Book
Language:	English en_US
Published:	Washington, DC: World Bank 2016
Subjects:	GLOBAL VALUE CHAIN SOCIAL UPGRADING MEASURES TRADE IN VALUE ADDED INTERNATIONAL DEVELOPMENT TOOLS CONCEPTS FOREIGN DIRECT INVESTMENT ECONOMIC UPGRADING STRATEGIES PARTICIPATION
Online Access:	http://hdl.handle.net/10986/24426

id	okr-10986-24426
recordtype	oai_dc
spelling	okr-10986-244262021-04-23T14:04:22Z Making Global Value Chains Work for Development Taglioni, Daria Winkler, Deborah GLOBAL VALUE CHAIN SOCIAL UPGRADING MEASURES TRADE IN VALUE ADDED INTERNATIONAL DEVELOPMENT TOOLS CONCEPTS FOREIGN DIRECT INVESTMENT ECONOMIC UPGRADING STRATEGIES PARTICIPATION Economic, technological, and political shifts as well as changing business strategies have driven firms to unbundle production processes and disperse them across countries. Thanks to these changes, developing countries can now increase their participation in global value chains (GVCs) and thus become more competitive in agriculture, manufacturing and services. This is a paradigm shift from the 20th century when countries had to build the entire supply chain domestically to become competitive internationally. For policymakers, the focus is on boosting domestic value added and improving access to resources and technology while advancing development goals. However, participating in global value chains does not automatically improve living standards and social conditions in a country. This requires not only improving the quality and quantity of production factors and redressing market failures, but also engineering equitable distributions of opportunities and outcomes - including employment, wages, work conditions, economic rights, gender equality, economic security, and protecting the environment. The internationalization of production processes helps with very few of these development challenges. Following this perspective, Making Global Value Chains Work for Development offers a strategic framework, analytical tools, and policy options to address this challenge. The book conceptualizes GVCs and makes it easier for policymakers and practitioners to discuss them and their implications for development. It shows why GVCs require fresh thinking; it serves as a repository of analytical tools; and it proposes a strategic framework to guide policymakers in identifying the key objectives of GVC participation and in selecting suitable economic strategies to achieve them. 2016-06-06T19:22:46Z 2016-06-06T19:22:46Z 2016-06-06 Book 978-1-4648-0157-0 http://hdl.handle.net/10986/24426 English en_US Trade and Development; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	GLOBAL VALUE CHAIN SOCIAL UPGRADING MEASURES TRADE IN VALUE ADDED INTERNATIONAL DEVELOPMENT TOOLS CONCEPTS FOREIGN DIRECT INVESTMENT ECONOMIC UPGRADING STRATEGIES PARTICIPATION
spellingShingle	GLOBAL VALUE CHAIN SOCIAL UPGRADING MEASURES TRADE IN VALUE ADDED INTERNATIONAL DEVELOPMENT TOOLS CONCEPTS FOREIGN DIRECT INVESTMENT ECONOMIC UPGRADING STRATEGIES PARTICIPATION Taglioni, Daria Winkler, Deborah Making Global Value Chains Work for Development
relation	Trade and Development;
description	Economic, technological, and political shifts as well as changing business strategies have driven firms to unbundle production processes and disperse them across countries. Thanks to these changes, developing countries can now increase their participation in global value chains (GVCs) and thus become more competitive in agriculture, manufacturing and services. This is a paradigm shift from the 20th century when countries had to build the entire supply chain domestically to become competitive internationally. For policymakers, the focus is on boosting domestic value added and improving access to resources and technology while advancing development goals. However, participating in global value chains does not automatically improve living standards and social conditions in a country. This requires not only improving the quality and quantity of production factors and redressing market failures, but also engineering equitable distributions of opportunities and outcomes - including employment, wages, work conditions, economic rights, gender equality, economic security, and protecting the environment. The internationalization of production processes helps with very few of these development challenges. Following this perspective, Making Global Value Chains Work for Development offers a strategic framework, analytical tools, and policy options to address this challenge. The book conceptualizes GVCs and makes it easier for policymakers and practitioners to discuss them and their implications for development. It shows why GVCs require fresh thinking; it serves as a repository of analytical tools; and it proposes a strategic framework to guide policymakers in identifying the key objectives of GVC participation and in selecting suitable economic strategies to achieve them.
format	Book
author	Taglioni, Daria Winkler, Deborah
author_facet	Taglioni, Daria Winkler, Deborah
author_sort	Taglioni, Daria
title	Making Global Value Chains Work for Development
title_short	Making Global Value Chains Work for Development
title_full	Making Global Value Chains Work for Development
title_fullStr	Making Global Value Chains Work for Development
title_full_unstemmed	Making Global Value Chains Work for Development
title_sort	making global value chains work for development
publisher	Washington, DC: World Bank
publishDate	2016
url	http://hdl.handle.net/10986/24426
_version_	1764456812963168256

Making Global Value Chains Work for Development

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