Inclusive Global Value Chains : Policy Options for Small and Medium Enterprises and Low-Income Countries

Inclusive Global Value Chains : Policy Options for Small and Medium Enterprises and Low-Income Countries

This report's focus is making global value chains (GVCs) more inclusive. To achieve inclusiveness is by overcoming participation constraints for Small and Medium Enterprises (SMEs) and facilitation access for Low Income Developing Countries (LIDCs). The underlying assumption is that most firms...

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Bibliographic Details
Main Authors: Cusolito, Ana Paula, Safadi, Raed, Taglioni, Daria
Format: Book
Language:English
en_US
Published: Washington, DC: World Bank 2016
Subjects:
PRODUCTIVITY
CONNECTIVITY
INCLUSIVE GROWTH
GLOBAL VALUE CHAINS
GVCS
SMES
SMALL AND MEDIUM ENTERPRISES
HUMAN CAPITAL
TRADE POLICY
LOW-INCOME DEVELOPING COUNTRY
LIDCS
INFORMAL SECTOR
Online Access:http://hdl.handle.net/10986/24910
id okr-10986-24910
recordtype oai_dc
spelling okr-10986-249102021-04-23T14:04:28Z Inclusive Global Value Chains : Policy Options for Small and Medium Enterprises and Low-Income Countries Cusolito, Ana Paula Safadi, Raed Taglioni, Daria PRODUCTIVITY CONNECTIVITY INCLUSIVE GROWTH GLOBAL VALUE CHAINS GVCS SMES SMALL AND MEDIUM ENTERPRISES HUMAN CAPITAL TRADE POLICY LOW-INCOME DEVELOPING COUNTRY LIDCS INFORMAL SECTOR This report's focus is making global value chains (GVCs) more inclusive. To achieve inclusiveness is by overcoming participation constraints for Small and Medium Enterprises (SMEs) and facilitation access for Low Income Developing Countries (LIDCs). The underlying assumption is that most firms in LIDCs are SMEs. Even larger firms in LIDCs are likely to face similar challenges to SMEs, including a less supportive domestic operating environment and weaker institutions that lead to higher fixed costs and challenges to compete on the international markets. The two major points of this report are (1) participation in GVCs is heterogeneous and uneven, across and within countries, and (2) available data and survey-based evidence suggest that SMEs’ participation in GVCs is mostly taking place through indirect contribution to exports, rather than through exporting directly. The report makes the case that policy action, at the national and multilateral level, can make a difference in achieving more inclusive GVCs through: a holistic approach to reform spanning trade, investment, and domestic policies countries and investments in expanding the statistical base and analysis of GVCs and in sharing knowledge on best practices on enabling policies and programs. The report elaborates on three broad areas of recommendations: (1) establishing a trade and investment action plan for inclusiveness defining clear and achievable objectives on trade and investment policy and identifying the necessary complementary domestic policy actions; (2) complementing trade, investment, and domestic policy actions by providing the needed political leadership and support to enhance collaboration across the sectors, and establishing global platforms for sharing best practices; and (3) providing political support for the establishment of a multi-year plan to expand and upgrade the statistical foundation necessary to increase the capacity of all countries to identify and implement policies that can contribute to stronger, more inclusive and sustainable growth and development, globally. 2016-08-22T15:40:45Z 2016-08-22T15:40:45Z 2016-08-22 Book 978-1-4648-0842-5 http://hdl.handle.net/10986/24910 English en_US Directions in Development--Trade; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank and OECD Washington, DC: World Bank Publications & Research Publications & Research :: Publication Africa East Asia and Pacific Latin America & Caribbean South Asia
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 PRODUCTIVITY
CONNECTIVITY
INCLUSIVE GROWTH
GLOBAL VALUE CHAINS
GVCS
SMES
SMALL AND MEDIUM ENTERPRISES
HUMAN CAPITAL
TRADE POLICY
LOW-INCOME DEVELOPING COUNTRY
LIDCS
INFORMAL SECTOR
spellingShingle PRODUCTIVITY
CONNECTIVITY
INCLUSIVE GROWTH
GLOBAL VALUE CHAINS
GVCS
SMES
SMALL AND MEDIUM ENTERPRISES
HUMAN CAPITAL
TRADE POLICY
LOW-INCOME DEVELOPING COUNTRY
LIDCS
INFORMAL SECTOR
Cusolito, Ana Paula
Safadi, Raed
Taglioni, Daria
Inclusive Global Value Chains : Policy Options for Small and Medium Enterprises and Low-Income Countries
geographic_facet Africa
East Asia and Pacific
Latin America & Caribbean
South Asia
relation Directions in Development--Trade;
description This report's focus is making global value chains (GVCs) more inclusive. To achieve inclusiveness is by overcoming participation constraints for Small and Medium Enterprises (SMEs) and facilitation access for Low Income Developing Countries (LIDCs). The underlying assumption is that most firms in LIDCs are SMEs. Even larger firms in LIDCs are likely to face similar challenges to SMEs, including a less supportive domestic operating environment and weaker institutions that lead to higher fixed costs and challenges to compete on the international markets. The two major points of this report are (1) participation in GVCs is heterogeneous and uneven, across and within countries, and (2) available data and survey-based evidence suggest that SMEs’ participation in GVCs is mostly taking place through indirect contribution to exports, rather than through exporting directly. The report makes the case that policy action, at the national and multilateral level, can make a difference in achieving more inclusive GVCs through: a holistic approach to reform spanning trade, investment, and domestic policies countries and investments in expanding the statistical base and analysis of GVCs and in sharing knowledge on best practices on enabling policies and programs. The report elaborates on three broad areas of recommendations: (1) establishing a trade and investment action plan for inclusiveness defining clear and achievable objectives on trade and investment policy and identifying the necessary complementary domestic policy actions; (2) complementing trade, investment, and domestic policy actions by providing the needed political leadership and support to enhance collaboration across the sectors, and establishing global platforms for sharing best practices; and (3) providing political support for the establishment of a multi-year plan to expand and upgrade the statistical foundation necessary to increase the capacity of all countries to identify and implement policies that can contribute to stronger, more inclusive and sustainable growth and development, globally.
format Book
author Cusolito, Ana Paula
Safadi, Raed
Taglioni, Daria
author_facet Cusolito, Ana Paula
Safadi, Raed
Taglioni, Daria
author_sort Cusolito, Ana Paula
title Inclusive Global Value Chains : Policy Options for Small and Medium Enterprises and Low-Income Countries
title_short Inclusive Global Value Chains : Policy Options for Small and Medium Enterprises and Low-Income Countries
title_full Inclusive Global Value Chains : Policy Options for Small and Medium Enterprises and Low-Income Countries
title_fullStr Inclusive Global Value Chains : Policy Options for Small and Medium Enterprises and Low-Income Countries
title_full_unstemmed Inclusive Global Value Chains : Policy Options for Small and Medium Enterprises and Low-Income Countries
title_sort inclusive global value chains : policy options for small and medium enterprises and low-income countries
publisher Washington, DC: World Bank
publishDate 2016
url http://hdl.handle.net/10986/24910
_version_ 1764457889671413760

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