dc.contributor.author	World Bank
dc.date.accessioned	2019-09-24T17:01:16Z
dc.date.available	2019-09-24T17:01:16Z
dc.date.issued	2020
dc.description.abstract	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 conflicts among large countries could lead to a retrenchment or a segmentation of GVCs. This book 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.	en
dc.identifier	http://documents.worldbank.org/curated/en/310211570690546749/World-Development-Report-2020-Trading-for-Development-in-the-Age-of-Global-Value-Chains
dc.identifier.doi	10.1596/978-1-4648-1457-0
dc.identifier.isbn	978-1-4648-1457-0
dc.identifier.uri	https://hdl.handle.net/10986/32437
dc.language	English
dc.publisher	Washington, DC: World Bank
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo
dc.subject	TRADE POLICY
dc.subject	GLOBAL VALUE CHAIN
dc.subject	SUPPLY CHAIN
dc.subject	LABOR PRODUCTIVITY
dc.subject	TECHNOLOGY INNOVATION
dc.subject	POVERTY REDUCTION
dc.subject	ACCESSIBLE
dc.title	World Development Report 2020	en
dc.title.subtitle	Trading for Development in the Age of Global Value Chains	en
dc.type	Book	en
dc.type	Livre	fr
dc.type	Libro	es
dspace.entity.type	Publication
okr.crossref.title	World Development Report 2020: Trading for Development in the Age of Global Value Chains
okr.date.disclosure	2019-10-08
okr.date.doiregistration	2025-04-07T08:55:01.949253Z
okr.date.doiregistration	2025-04-08T16:28:04.334835Z
okr.date.doiregistration	2025-04-09T03:04:40.280537Z
okr.date.doiregistration	2025-04-15T11:30:06.481388Z
okr.doctype	Publications & Research
okr.doctype	Publications & Research::Publication
okr.guid	310211570690546749
okr.guid	647581625224516205
okr.identifier.doi	10.1596/978-1-4648-1457-0
okr.identifier.doi	https://doi.org/10.1596/978-1-4648-1457-0
okr.identifier.internaldocumentum	211457
okr.identifier.report	142500
okr.imported	true	en
okr.language.supported	en
okr.statistics.combined	599225
okr.statistics.dr	310211570690546749
okr.statistics.dr	647581625224516205
okr.statistics.drstats	36181
okr.topic	International Economics and Trade::Globalization and Financial Integration
okr.topic	International Economics and Trade::International Trade and Trade Rules
okr.topic	International Economics and Trade::Poverty and Trade
okr.topic	International Economics and Trade::Trade Policy
okr.topic	International Economics and Trade::Trade and Labor
okr.topic	Private Sector Development::Global Value Chains and Business Clustering
okr.unit	DECWD
relation.isSeriesOfPublication	47018b9f-dbfb-4ab1-a531-6a598c79a597
relation.isSeriesOfPublication.latestForDiscovery	47018b9f-dbfb-4ab1-a531-6a598c79a597

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World Development Report 2020: Trading for Development in the Age of Global Value Chains