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Making Global Value Chains Work for Development

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 becom...

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Principais autores: Taglioni, Daria, Winkler, Deborah
Formato: Online
Idioma:inglês
en_US
Publicado em: Washington, DC: World Bank 2016
Assuntos:
Acesso em linha:https://hdl.handle.net/10986/24426
https://doi.org/10.1596/978-1-4648-0157-0
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author Taglioni, Daria
Winkler, Deborah
author_facet Taglioni, Daria
Winkler, Deborah
author_sort Taglioni, Daria
collection Colección Libros - Series (activas)
description 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.
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spelling wb-10986-244262025-04-15T11:31:30Z Making Global Value Chains Work for Development Taglioni, Daria Winkler, Deborah GLOBAL VALUE CHAIN SOCIAL UPGRADING MEASURES TRADE IN VALUE ADDED INTERNATIONAL DEVELOPMENT TOOLS CONCEPTS FOREIGN DIRECT INVESTMENT ECONOMIC UPGRADING STRATEGIES PARTICIPATION 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. 2016-06-06T19:22:46Z 2016-06-06T19:22:46Z 2016-06-06 Book Livre Libro 978-1-4648-0157-0 https://hdl.handle.net/10986/24426 10.1596/978-1-4648-0157-0 https://doi.org/10.1596/978-1-4648-0157-0 English en_US Trade and Development; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank application/pdf Washington, DC: World Bank
spellingShingle GLOBAL VALUE CHAIN
SOCIAL UPGRADING
MEASURES
TRADE IN VALUE ADDED
INTERNATIONAL DEVELOPMENT
TOOLS
CONCEPTS
FOREIGN DIRECT INVESTMENT
ECONOMIC UPGRADING
STRATEGIES
PARTICIPATION
Taglioni, Daria
Winkler, Deborah
Making Global Value Chains Work for Development
title Making Global Value Chains Work for Development
title_full Making Global Value Chains Work for Development
title_fullStr Making Global Value Chains Work for Development
title_full_unstemmed Making Global Value Chains Work for Development
title_short Making Global Value Chains Work for Development
title_sort making global value chains work for development
topic GLOBAL VALUE CHAIN
SOCIAL UPGRADING
MEASURES
TRADE IN VALUE ADDED
INTERNATIONAL DEVELOPMENT
TOOLS
CONCEPTS
FOREIGN DIRECT INVESTMENT
ECONOMIC UPGRADING
STRATEGIES
PARTICIPATION
url https://hdl.handle.net/10986/24426
https://doi.org/10.1596/978-1-4648-0157-0
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