Trade Integration, Global Value Chains, and Capital Accumulation

“Trade And Global Integration”

This paper focuses on the post-war process of creation of a global trading system and integration of world trade. As the former came into being, multilateral trade liberalization became an on-going feature of the global economy facilitating international trade, consequently importance of international trade in the global economy increased dramatically. Since the mid-1980s, mindset of policy mak...

Aid for Trade and engaging with global value chains: developing trade and reducing food insecurity?

Acknowledgements The author is grateful to comments received from Sheila Page of the ODI and assistance from Jane Kennan on developing this draft. In addition, the author is very grateful to the support provided by Leonard Oduori, CABE, Nairobi, Kenya and inputs received from various stakeholders during the interview process. This report is adapted from a larger programme of work funded by the ...

Capturing the Gains in Global Value Chains: Trade in Intermediates and Value Added Erosion

Many countries in 1995-2008 have experienced what we call “value added erosion”, which describes the phenomenon of the decline in the shares of domestic value added in a country’s exports as the country becomes more integrated into the Global Value Chains (GVCs). We argue that the decline of domestic value added share in a country’s exports is likely to be caused by the expansion of high value-...

Global Value Chains and Africa’s Integration into the Global Economy 2.1 Global Value Chains: What They Are and How Africa Can Benefit

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 ...