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

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

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2022-02-01

Total Pages: 138

ISBN-13: 9292691554

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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.

World Development Report 2020

World Development Report 2020 PDF

Author: World Bank

Publisher: World Bank Publications

Published: 2019-11-19

Total Pages: 511

ISBN-13: 1464814953

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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.

World Development Report 1978

World Development Report 1978 PDF

Author:

Publisher: World Bank Publications

Published: 1978

Total Pages: 135

ISBN-13: 0821372823

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This first report deals with some of the major development issues confronting the developing countries and explores the relationship of the major trends in the international economy to them. It is designed to help clarify some of the linkages between the international economy and domestic strategies in the developing countries against the background of growing interdependence and increasing complexity in the world economy. It assesses the prospects for progress in accelerating growth and alleviating poverty, and identifies some of the major policy issues which will affect these prospects.

Global Value Chain Development Report 2021

Global Value Chain Development Report 2021 PDF

Author: Banque asiatique de développement

Publisher:

Published: 2022-01-25

Total Pages: 0

ISBN-13: 9789287054296

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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.

Global Value Chains in a Changing World

Global Value Chains in a Changing World PDF

Author: Deborah Kay Elms

Publisher:

Published: 2013

Total Pages: 409

ISBN-13: 9789287038821

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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

Global Value Chains in a Postcrisis World

Global Value Chains in a Postcrisis World PDF

Author: Olivier Cattaneo

Publisher: World Bank Publications

Published: 2010

Total Pages: 420

ISBN-13: 0821384996

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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?

Transforming Bangladesh’s Participation in Trade and Global Value Chain

Transforming Bangladesh’s Participation in Trade and Global Value Chain PDF

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2023-04-01

Total Pages: 200

ISBN-13: 9292701126

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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.

Global Value Chains: What are the Benefits and Why Do Countries Participate?

Global Value Chains: What are the Benefits and Why Do Countries Participate? PDF

Author: Ms.Faezeh Raei

Publisher: International Monetary Fund

Published: 2019-01-18

Total Pages: 31

ISBN-13: 1484395484

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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.

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