Measuring And Analyzing The Impact Of Gvcs On Economic Development
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Measuring And Analyzing The Impact Of Gvcs On Economic Development
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Author : World Trade Organization
language : en
Publisher: World Trade Organization
Release Date : 2017
Measuring And Analyzing The Impact Of Gvcs On Economic Development written by World Trade Organization and has been published by World Trade Organization this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Political Science categories.
This report is about a huge contribution to our deepening understanding of what the global economy really means and how it is changing. The report helpfully distinguishes elements of an economy that are tradable and the large set that are non-tradable. Clearly the tradables set is expanding with the support of enabling technology. The report argues that connectivity in the networks that define the evolving architecture of GVCs is important. This Global Value Chain Development Report is the result of intensive and detailed work in assembling and analyzing data on the structure of economies and on how they are linked. It creates a much clearer picture of evolving patterns of independence. It also presents a much clearer picture of comparative advantage. --Publisher description.
World Development Report 2020
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Author : World Bank
language : en
Publisher: World Bank Publications
Release Date : 2019-11-19
World Development Report 2020 written by World Bank and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-19 with Business & Economics categories.
Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Since the 2008 global financial crisis, however, the growth of trade has been sluggish and the expansion of GVCs has stalled. Meanwhile, serious threats have emerged to the model of trade-led growth. New technologies could draw production closer to the consumer and reduce the demand for labor. And trade conflicts among large countries could lead to a retrenchment or a segmentation of GVCs. World Development Report 2020: Trading for Development in the Age of Global Value Chains examines whether there is still a path to development through GVCs and trade. It concludes that technological change is, at this stage, more a boon than a curse. GVCs can continue to boost growth, create better jobs, and reduce poverty provided that developing countries implement deeper reforms to promote GVC participation; industrial countries pursue open, predictable policies; and all countries revive multilateral cooperation.
Global Value Chains What Are The Benefits And Why Do Countries Participate
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Author : Ms.Faezeh Raei
language : en
Publisher: International Monetary Fund
Release Date : 2019-01-18
Global Value Chains What Are The Benefits And Why Do Countries Participate written by Ms.Faezeh Raei and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-01-18 with Business & Economics categories.
Over the last two decades, world trade and production have become increasingly organized around global value chains (GVC). Recent theoretical work has shown that countries can benefit from participation in GVCs through multiple channels. However, little is known empirically about the economic importance of supply chains. We use the Eora MRIO database to compute different measures of GVC participation for 189 countries and illustrate global patterns of supply chains as well as their evolution over time in order to contribute to this topic. We find that GVC-related trade, rather than conventional trade, has a positive impact on income per capita and productivity, however there is large heterogeneity and the gains appear more signifcant for upper-middle and high-income countries. We document that “moving up” to more high-tech sectors while participating in major supply chains does take place but is not universal, suggesting other factors matter. We confirm the findings of the standard gravity literature for GVC trade; highlighting the key role of institutional features such as contract enforcement and the quality of infrastructure as determinants of GVC participation.
Measuring Economic Growth And Productivity
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Author : Barbara Fraumeni
language : en
Publisher: Academic Press
Release Date : 2019-11-08
Measuring Economic Growth And Productivity written by Barbara Fraumeni and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-08 with Business & Economics categories.
Measuring Economic Growth and Productivity: Foundations, KLEMS Production Models, and Extensions presents new insights into the causes, mechanisms and results of growth in national and regional accounts. It demonstrates the versatility and usefulness of the KLEMS databases, which generate internationally comparable industry-level data on outputs, inputs and productivity. By rethinking economic development beyond existing measurements, the book's contributors align the measurement of growth and productivity to contemporary global challenges, addressing the need for measurements as well as the Gross Domestic Product. All contributors in this foundational volume are recognized experts in their fields, all inspired by the path-breaking research of Dale W. Jorgenson. Demonstrates how an approach based on sources of economic growth (KLEMS – capital, labor, energy, materials and services) can be used to analyze economic growth and productivity Includes examples covering the G7, E7, EU, Latin America, Norway, China, Taiwan, Japan, Korea, India and other South Asian countries Examines the effects of digital, information, communication and integrated technologies on national and regional economies
Uncovering Value Added In Trade
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Author : Yuqing Xing
language : en
Publisher: World Scientific
Release Date : 2015-07-13
Uncovering Value Added In Trade written by Yuqing Xing and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-07-13 with Political Science categories.
Value chain trade has challenged economic implications of conventional trade statistics and transformed bilateral trade relationships into multilaterals. Conventional trade statistics exaggerate trade volumes and bilateral trade imbalances. It is imperative to measure trade in value-added and examine trade relations in the context of global value chains. This book is a collection of research papers on new approaches to measure trade in value added and the role of global value chains in modern international trade. It introduces the input output method for measuring trade and a direct approach for measuring the domestic value added of the People's Republic of China — the center of global assembly. In addition, it shows how to analyze trade relations in the context of global value chains. Contents:Introduction (Yuqing Xing)Implications of Global Value Chains for Trade Statistics and Trade Policy (Christophe Degain and Andreas Maurer)OECD Inter-Country Input–Output Model and Policy Implications (Norihiko Yamano)Estimating the Upper Limits of Value Added in the People's Republic of China's Processing Exports (Yuqing Xing)An Alternative Measurement for International Fragmentation of the Production Process: An International Input–Output Approach (Satoshi Inomata)Share of Imports and Commodities in Consumption and Investment in the United States (Galina Hale and Bart Hobijn)Domestic Value Chains in the People's Republic of China and Their Linkages with the Global Economy (Bo Meng)The "Fox–Apple" Partnership in the Global Value Chain: How Did Foreign Direct Investment and Contract Manufacturing Reshape the Landscape of the Electronics Industry? (Guoyong Liang) Readership: Advance postgraduate students and researchers in the field of international economics, particularly those studying global value chains. Key Features:This is the first book to systematically introduce the input-output method for measuring trade in value-added and a direct approach to measure the domestic value-added of China's exportsChapters are based on innovative approaches to analyze trade relations under global value chainsContributors are leading scholars in global value chains research and study. The authors are from WTO, OECD, ADBI, UNCTAD, the US Fed, JETRO-IDE and Peking University — a great combination and representation of international organizations and academic institutionsKeywords:Trade;Global Value Chains;Production Networks;Input-output Method;Trade Statistics;Trade Measurement;Trade in Value-Added;Domestic Value-Added;Production Fragmentation;Global Assembly;Trade Relations;Foreign Direct Investment;Manufacturing
Global Value Chain Development Report 2021
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Author : Banque asiatique de développement
language : en
Publisher:
Release Date : 2022-01-25
Global Value Chain Development Report 2021 written by Banque asiatique de développement and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-01-25 with Business logistics categories.
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.
Handbook On Global Value Chains
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Author : Stefano Ponte
language : en
Publisher: Edward Elgar Publishing
Release Date : 2019
Handbook On Global Value Chains written by Stefano Ponte and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with Business & Economics categories.
Global value chains (GVCs) are a key feature of the global economy in the 21st century. They show how international investment and trade create cross-border production networks that link countries, firms and workers around the globe. This Handbook describes how GVCs arise and vary across industries and countries, and how they have evolved over time in response to economic and political forces. With chapters written by leading interdisciplinary scholars, the Handbook unpacks the key concepts of GVC governance and upgrading, and explores policy implications for advanced and developing economies alike. p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 10.0px Arial}
Services In Global Value Chains
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Author : Patrick Low
language : en
Publisher: World Scientific
Release Date : 2016-06-21
Services In Global Value Chains written by Patrick Low and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-06-21 with Business & Economics categories.
This compilation of 22 firm-specific case studies is an important contribution to the discussion of 'servicification' trends in manufacturing. 'Services have increased in importance and value in many manufacturing value chains, making companies that produce physical products look more like service enterprises. What services do global value chains use in their operations, how important are they and how do economic policies shape firms' configurations, operations, and location of global value chains? This book addresses these questions and more. The interviewed firms, based in 12 APEC economies, come from different sectors ranging from multinational automotive, construction equipment, and electrical appliance manufacturers to small and medium manufacturers of watches or chemical for water treatment. The book analyses what specific services are important in different stages of the value chain, and whether they are typically provided in-house or outsourced. Contents:Manufacturing-Related Services (Patrick Low and Gloria O Pasadilla)Manufacturing of Aircraft Control Systems in the Philippines (Andre Wirjo and Gloria O Pasadilla)Industrial Welding Services in Thailand (William Haines)Manufacturing of Mining and Construction Equipment (David Sit and Patrick Low)Manufacturing of Computer Servers (Yuhua Zhang)Wastewater Treatment Services (Arian Hassani and Andre Wirjo)Manufacturing of Automotive Components in the ASEAN Region (Denise Cheung)Manufacturing of Oil and Gas Industry Equipment in Singapore (Andre Wirjo and Gloria O Pasadilla)Car Manufacturing in the Philippines (Sherry Stephenson)Manufacturing of Thermal Power Generation Equipment (Gloria O Pasadilla)Production of Precision Die and Machine Parts in Thailand (Denise Cheung and Andre Wirjo)Manufacturing of Refrigerators (David Sit)Watch Manufacturing (Deborah Elms)Manufacturing of Automotive Components in Mexico: Perspectives from Three Firms (Andre Wirjo, Gloria O Pasadilla and Joel G Bassig)Manufacturing of Telecommunications Equipment (Huani Zhu and Gloria O Pasadilla)Manufacturing of Printed Circuit Boards in Canada (Ben Shepherd)Wine Industry in Chile (Karina Fernandez-Stark and Penny Bamber)Integrated Logistics Solutions Provider in Mexico (Andre Wirjo and Gloria O Pasadilla)Remanufacturing Services in the Construction Machinery Value Chain (Katherine Tait and Gary Gereffi)Manufacturing of Consumer Electronic Appliances in Indonesia (Emmanuel A San Andres)Fresh Cherry Industry in Chile (Penny Bamber and Karina Fernandez-Stark) Readership: Researchers, students and academics who are interested in international trade; trade economists; policymakers and general public who are interested in manufacturing related topics.
Geopolitics Supply Chains And International Relations In East Asia
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Author : Etel Solingen
language : en
Publisher: Cambridge University Press
Release Date : 2021-05-06
Geopolitics Supply Chains And International Relations In East Asia written by Etel Solingen and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-06 with Business & Economics categories.
An accessible overview of political, economic, and strategic dimensions of global supply chains in a changing global political economy.
Making Global Value Chains Work For Development
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Author : Daria Taglioni
language : en
Publisher: World Bank Publications
Release Date : 2016-06-10
Making Global Value Chains Work For Development written by Daria Taglioni and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-06-10 with Business & Economics categories.
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.