Pakistan’s Economy and Trade in the Age of Global Value Chains PDF Download

Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292691554
Category : Business & Economics
Languages : en
Pages : 138

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Book Description
This publication examines the economy and trade of Pakistan in the context of global value chains (GVCs), or cross-border production networks. The report combines innovative analytical tools with the latest available data to explore Pakistan's involvement in GVCs. It produces indicators on factors including Pakistan's rate of GVC participation, the lengths of its GVC production, its patterns of specialization, and the price competitiveness of its exports. It draws on the Multiregional Input–Output database of the Asian Development Bank, the only time series of intercountry input–output tables to date that includes Pakistan and preliminary data for 2020.

Author:
Publisher:
ISBN: 9789292691561
Category :
Languages : en
Pages :

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Author: World Bank
Publisher: World Bank Publications
ISBN: 1464814953
Category : Business & Economics
Languages : en
Pages : 511

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Book Description
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.

Author: Banque asiatique de développement
Publisher:
ISBN: 9789287054296
Category : Business logistics
Languages : en
Pages : 0

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Book Description
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.

Author: Deborah Kay Elms
Publisher:
ISBN: 9789287038821
Category : Business & Economics
Languages : en
Pages : 409

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Book Description
A collection of papers by some of the world's leading specialists on global value chains (GVCs). It examines how GVCs have evolved and the challenges they face in a rapidly changing world. The approach is multi-disciplinary, with contributions from economists, political scientists, supply chain management specialists, practitioners and policy-makers. Co-published with the Fung Global Institute and the Temasek

Author: Olivier Cattaneo
Publisher: World Bank Publications
ISBN: 0821384996
Category : Business & Economics
Languages : en
Pages : 420

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Book Description
The book looks to address the following questions in a post-crisis world: How have lead firms responded to the crisis? Have they changed their traditional supply chain strategy and relocated and/or outsourced part of their production? How will those changes affect developing countries? What should be the policy responses to these changes?

Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292701126
Category : Business & Economics
Languages : en
Pages : 200

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Book Description
Textiles and textile products dominate Bangladesh’s exports and participation in global value chains. However, such concentration poses risks to the economy. This report highlights that diversification into other sectors will be important to promote export-led growth. It explores how Bangladesh can build on its recent economic success by unlocking productivity gains from technology adoption, narrowing the digital divide, and expanding participation in global value chains. It identifies high-potential industries with deeper domestic linkages that offer opportunities to broaden the base of economic growth.

Author: Ms.Faezeh Raei
Publisher: International Monetary Fund
ISBN: 1484395484
Category : Business & Economics
Languages : en
Pages : 31

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Book Description
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.

Author: World Bank
Publisher: World Bank Publications
ISBN: 1464816662
Category : Business & Economics
Languages : en
Pages : 339

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Book Description
The world economy is experiencing a very strong but uneven recovery, with many emerging market and developing economies facing obstacles to vaccination. The global outlook remains uncertain, with major risks around the path of the pandemic and the possibility of financial stress amid large debt loads. Policy makers face a difficult balancing act as they seek to nurture the recovery while safeguarding price stability and fiscal sustainability. A comprehensive set of policies will be required to promote a strong recovery that mitigates inequality and enhances environmental sustainability, ultimately putting economies on a path of green, resilient, and inclusive development. Prominent among the necessary policies are efforts to lower trade costs so that trade can once again become a robust engine of growth. This year marks the 30th anniversary of the Global Economic Prospects. The Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). Each edition includes analytical pieces on topical policy challenges faced by these economies.

Author: Maleeha Lodhi
Publisher: Hurst Publishers
ISBN: 180526236X
Category : Political Science
Languages : en
Pages : 396

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Book Description
Pakistan is facing a multitude of critical challenges, a ‘Polycrisis’ arising in many areas at once—political, constitutional, economic, security-related, geo-political, demographic and ecological. These systemic predicaments are the cumulative consequence of decades of poor governance and squandered opportunities, whose convergence now creates a formidable existential threat. Maleeha Lodhi holds that Pakistan’s governmental leaders, both civilian and military, have failed to take a long view and to outline a vision for the country. They have spent much of their time in power operating in crisis management or power preservation modes, postponing meaningful reform and looking for expedient short-term ‘solutions’. The consequences of those sins of omission and commission are now coming together. In this new volume, Lodhi has brought together eighteen chapters by experts in a variety of fields, including Murtaza Syed, Zahid Hussain, Riaz Mohammad Khan and Adil Najam, to analyse Pakistan’s various grand challenges and to suggest prognoses. This important compilation of rigorous, compelling essays will be essential reading for those who seek to understand what is at stake for Pakistan, both in terms of present-day crises and in terms of future trends.