Conceptual Aspects of Global Value Chains
The paper offers an overview of some key conceptual aspects associated with the rise of global value chains (GVCs). It outlines a series of alternative interpretations and definitions of what the rise of GVCs entails, and it traces the implications...
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| Format: | Working Paper |
| Language: | English |
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World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/541931579622262085/Conceptual-Aspects-of-Global-Value-Chains http://hdl.handle.net/10986/33228 |
| Summary: | The paper offers an overview of some key
conceptual aspects associated with the rise of global value
chains (GVCs). It outlines a series of alternative
interpretations and definitions of what the rise of GVCs
entails, and it traces the implications of these alternative
conceptualizations for the measurement of the phenomenon, as
well as for elucidating the key determinants and
implications of GVC participation, both at the country level
and at the firm level. In the process, the paper offers some
speculative thoughts about the future of GVCs in light of
the advent of an array of new technologies. |
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