Book

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

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https://openknowledge.worldbank.org/handle/10986/5995
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https://openknowledge.worldbank.org/handle/10986/5996
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https://openknowledge.worldbank.org/handle/10986/5998
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https://openknowledge.worldbank.org/handle/10986/6000
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https://openknowledge.worldbank.org/handle/10986/6001
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https://openknowledge.worldbank.org/handle/10986/6002
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https://openknowledge.worldbank.org/handle/10986/2124
collection.name.130
French PDFs Available
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Arabic PDFs Available
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Chinese PDFs Available
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Portuguese PDFs Available
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World Development Report
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.date.lastModified
2020-08-25T13:51:31Z
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.isbn
978-1-4648-1457-0
dc.identifier.uri
http://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
okr.crossref.title
World Development Report 2020: Trading for Development in the Age of Global Value Chains
okr.date.disclosure
2019-10-08
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: Publication
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/978-1-4648-1457-0
okr.identifier.internaldocumentum
211457
okr.identifier.report
142500
okr.imported
true
en
okr.language.supported
en
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

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