Risks and opportunities of reshaping global value chains

Risks and Opportunities of Participation in Global Value Chains

Risk is inherent to the pursuit of opportunity. This paper draws on the recent literature and looks at the risks and opportunities firms and their workers face in the global value chains. First, it examines the sharing mechanisms that firms provide from the national and global perspectives; second, it takes a closer look at the new opportunities and challenges for firms and individuals in the g...

Global Value Chains: Challenges, Opportunities, and Implications for Policy

FOREWORD Meeting at the Saint Petersburg Summit in September 2013, the assembled leaders of the Group of Twenty noted " the importance of better understanding the rapid expansion of global value chains (GVCs) and impacts of participation in GVCs for growth, industrial structure, development and job creation. " Leaders welcomed the work done in 2013 by the OECD, the WTO, and the UNCTAD, and aske...

Measuring Iran's Economy Status Indicators in Global Value Chains and Comparison with Selected Countries

​Global value chains are a complex product of the international fragmentation of production expansion that has revolutionized the production organization of the global economy and increased trade in services and intermediary goods. This new form of trade has allowed developing countries to benefit from international trade with specialization and comparative advantage in tasks, without having a ...

Global Value Chains , Economic Upgrading , and Gender

Global Value Chains: Economic and Policy Issues

In the past few years, a fairly substantial literature has emerged addressing the phenomenon of global value chains (GVCs). While one can find various definitions of GVCs, the simple concept proposed by Lunati (2007) seems to capture the spirit of most definitions. Namely, GVCs are international supply chains characterized by fragmentation of production activities across sites and borders. In e...