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Author: Bernard M. Hoekman Publisher: ISBN: Category : Economic policy Languages : en Pages : 0
Book Description
Assessing the effects of subsidies is complicated, given the need to consider linkages within and across supply chain networks. A precondition for determining whether existing WTO disciplines on subsidies are adequate is better information and more empirical research on the extent to which negative international spillovers are created by prevailing policies. Many of the policies that affect supply chain operations are not considered subsidies under the WTO. There are no rules on subsidies for services or investment incentives. Conversely, some WTO rules may not be appropriate or effective given the increasing prevalence of value chains. There is an urgent need for policy analysis to determine how existing WTO disciplines impact on value chain s and whether and how large the negative spillovers are of national policies. A necessary condition for any such determination is much better data on the measures that are employed by governments around the world, both at the central and sub-central levels.
Author: Bernard M. Hoekman Publisher: ISBN: Category : Economic policy Languages : en Pages : 0
Book Description
Assessing the effects of subsidies is complicated, given the need to consider linkages within and across supply chain networks. A precondition for determining whether existing WTO disciplines on subsidies are adequate is better information and more empirical research on the extent to which negative international spillovers are created by prevailing policies. Many of the policies that affect supply chain operations are not considered subsidies under the WTO. There are no rules on subsidies for services or investment incentives. Conversely, some WTO rules may not be appropriate or effective given the increasing prevalence of value chains. There is an urgent need for policy analysis to determine how existing WTO disciplines impact on value chain s and whether and how large the negative spillovers are of national policies. A necessary condition for any such determination is much better data on the measures that are employed by governments around the world, both at the central and sub-central levels.
Author: Bernard Hoekman Publisher: ISBN: Category : Languages : en Pages : 32
Book Description
Assessing the effects of subsidies is complicated, given the need to consider linkages within and across supply chain networks. A precondition for determining whether existing WTO disciplines on subsidies are adequate is better information and more empirical research on the extent to which negative international spillovers are created by prevailing policies. Many of the policies that affect supply chain operations are not considered subsidies under the WTO. There are no rules on subsidies for services or investment incentives. Conversely, some WTO rules may not be appropriate or effective given the increasing prevalence of value chains. There is an urgent need for policy analysis to determine how existing WTO disciplines impact on value chain s and whether and how large the negative spillovers are of national policies. A necessary condition for any such determination is much better data on the measures that are employed by governments around the world, both at the central and sub-central levels.
Author: World Bank Publisher: World Bank Publications ISBN: 1464814953 Category : Business & Economics Languages : en Pages : 511
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
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: World Trade Organization Publisher: World Trade Organization ISBN: 9789287041258 Category : Political Science Languages : en Pages : 0
Book Description
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.
Author: Olivier Cattaneo Publisher: World Bank Publications ISBN: 0821384996 Category : Business & Economics Languages : en Pages : 420
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: Stefano Ponte Publisher: Edward Elgar Publishing ISBN: 1788113772 Category : Business & Economics Languages : en Pages : 640
Book Description
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}
Author: Thomas Farole Publisher: World Bank Publications ISBN: 1464801266 Category : Business & Economics Languages : en Pages : 302
Book Description
This book presents the results of a groundbreaking study on ‘spillovers’ of knowledge and technology from global value-chain oriented foreign direct investment (FDI) in Sub-Saharan Africa, and discusses implications for policymakers hoping to harness the power of FDI for economic development.
Author: World Tourism Organization Publisher: World Trade Organization ISBN: 9789287049674 Category : Languages : en Pages : 184
Book Description
Global value chains (GVCs) are evolving in light of technological developments, such as robotics, big data and the Internet of Things. These technologies are reshaping GVCs and effecting changes on labor markets in developed and developing economies and on supply chain management. This report discusses how technological developments are creating new opportunities for the participation of small and medium-sized enterprises in global value chains and reviews issues related to GVC measurement. The report is a follow-up to the first Global Value Chain Development Report, which revealed the changing nature of international trade when analyzed in terms of value chains and value-added trade. This report is co-published by the World Trade Organization, the Institute of Developing Economies (IDE-JETRO), the Organization for Economic Cooperation and Development, the Research Center of Global Value Chains headquartered at the University of International Business and Economics (RCGVC-UIBE), the World Bank Group, and the China Development Research Foundation.
Author: Nadia Rocha Publisher: World Bank Publications ISBN: 1464818428 Category : Business & Economics Languages : en Pages : 342
Book Description
Globally, greater integration in international trade and global value chains (GVCs) has been linked to increased GDP per capita and productivity. Latin American and Caribbean (LAC) countries have displayed limited trade openness and weak integration into GVCs. Their trade is roughly one-third of GDP on average, compared with one-half in countries in Europe and Central Asia, as well as East Asia and the Pacific—and that share has not grown since 2000. Although the gaps between potential and actual GVC integration are the result of economic fundamentals—such as geography, market size, institutions, and factor endowments—policy choices matter as well. The region has untapped potential in trade and GVCs to grow in the wake of COVID-19 (coronavirus). Deep trade agreements are reciprocal agreements between countries that seek integration of goods, services, and factors’ markets, or deep integration. Drawing on new data and evidence, Deep Trade Agreements: Anchoring Global Value Chains in Latin America and the Caribbean shows that these agreements can drive policy reforms that can help the region overcome some of its disadvantageous fundamentals. Four areas of deep integration—trade facilitation, regulatory cooperation, services, and state support—are priorities to improve the participation of countries in the region in GVC: 1. Facilitating trade can reduce border delays and ease the challenges caused by the remoteness of some countries. 2. Improving regulatory cooperation can help create larger regional markets by reducing the costs of nontariff measures. 3. Opening the service economy can compensate for factor endowment scarcity and facilitate access to skills and technology. 4. Fostering competition and regulating state support and state-owned enterprises can improve the quality of economic institutions. These areas are increasingly important as global trade tensions persist and economies recover from the COVID-19 pandemic. In these times of uncertainty and upheaval, the policy commitments in deep trade agreements can create a more stable institutional environment to promote the ability of countries to participate in GVCs and to reap the benefits of integration. This work is a product of the regional studies program sponsored by the Latin America and the Caribbean Chief Economist’s Office.
Author: Bernard M. Hoekman
Author: Bernard M. Hoekman
Author: Bernard Hoekman
Author: World Bank
Author: Banque asiatique de développement
Author: World Trade Organization
Author: Olivier Cattaneo
Author: Stefano Ponte
Author: Thomas Farole
Author: World Tourism Organization
Author: Nadia Rocha