Making Global Value Chains Work for Development

Global value chains (GVCs) are playing an increasingly important role in business strategies, which has profoundly changed international trade and development paradigms. GVCs now represent a new path for development by helping developing countries...

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Main Authors: Taglioni, Daria, Winkler, Deborah
Format: Brief
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
BID
TAX
WEB
Online Access:http://documents.worldbank.org/curated/en/2014/05/19517206/making-global-value-chains-work-development
http://hdl.handle.net/10986/18421
id okr-10986-18421
recordtype oai_dc
spelling okr-10986-184212021-06-14T10:21:14Z Making Global Value Chains Work for Development Taglioni, Daria Winkler, Deborah AGRICULTURE ASSETS AUTOMOBILE AVERAGE PRODUCTIVITY BACKBONE BID BUSINESS FUNCTIONS BUSINESS MODELS BUSINESS RELATIONSHIPS BUSINESS STRATEGIES BUYERS CAPABILITY CAPACITY BUILDING CITIES COLLABORATION COLLECTIVE BARGAINING COMMUNICATION TECHNOLOGY COMPETITIVE ADVANTAGE COMPETITIVENESS CONNECTIVITY CONTRACT DISPUTES CUSTOMER BASE CUSTOMS DEMOCRACY DEVELOPING COUNTRIES DOMESTIC MARKET DOMESTIC MARKETS DRIVERS E-COMMERCE ECONOMIC ACTIVITIES ECONOMIC ACTIVITY ECONOMIC CONSTRAINTS ECONOMIC DEVELOPMENT ECONOMIC INTEGRATION ECONOMICS ELECTRONIC PLATFORM ELECTRONIC TRANSFERS ELECTRONICS ENGINEERS EMPLOYMENT ENTRY POINT EQUITY STAKE EQUITY STAKES EXPENDITURES EXPORT BARRIERS EXPORTS EXTERNALITIES FOREIGN DIRECT INVESTMENT FOREIGN EQUITY FOREIGN EXCHANGE FOREIGN INVESTMENT FOREIGN INVESTORS GLOBAL ECONOMY GLOBAL SUPPLY CHAINS GLOBALIZATION HOST COUNTRY HOST ECONOMY HUMAN CAPITAL IMPORT BARRIERS INCOME INCOMPLETE CONTRACTING INCOMPLETE CONTRACTS INDUSTRIAL DEVELOPMENT INDUSTRIALIZATION INNOVATION INTANGIBLE INTANGIBLE ASSETS INTELLECTUAL PROPERTY INTEREST RATE INTERNATIONAL DEVELOPMENT INTERNATIONAL ECONOMICS INTERNATIONAL MARKETS INTERNATIONAL TRADE INTERNATIONAL TRANSACTIONS INVESTMENT DECISION INVESTOR PROTECTION JOINT VENTURE JOINT VENTURES LABOR COSTS LABOR DEMAND LABOR MARKET LABOR MARKETS LABOR POLICIES LABOR PRODUCTIVITY LABOR SUPPLY LABOR TURNOVER LABOUR LANDOWNERS LEGAL SYSTEMS LICENSES LIVING STANDARDS LOCAL ECONOMY LOCALIZATION MANUFACTURING MARKET FAILURES MARKET SEGMENTS MARKETING MARKETING STRATEGIES MATERIAL MEDIUM ENTERPRISES NETWORK · TECHNOLOGY NETWORKS NICHE MARKET OUTSOURCING PATENTS POLICY FRAMEWORK POLITICAL ECONOMY PORTFOLIO PREFERENTIAL MARKET ACCESS PRIVATE PARTNERSHIPS PRODUCTION PROCESSES PRODUCTIVITY PROGRAMS PROPERTY RIGHTS PUBLIC INVESTMENT REGULATORY INFRASTRUCTURE RELIABILITY RESULT SAFETY SEARCH SITES SKILLED LABOR SOCIAL COHESION SUPPLIERS SUPPLY CHAIN SUPPLY NETWORK TAX TAXONOMY TECHNICAL ASSISTANCE TECHNICAL COOPERATION TECHNOLOGY TRANSFERS TELECOMMUNICATIONS TIMELY ACCESS TRADE BARRIERS TRADE LIBERALIZATION TRADE UNIONS TRADING TRAINING INITIATIVES TRAINING INSTITUTES TRANSMISSION VALUE CHAIN VALUE CHAINS WAGES WEB WEB SITE WORLD TRADE Global value chains (GVCs) are playing an increasingly important role in business strategies, which has profoundly changed international trade and development paradigms. GVCs now represent a new path for development by helping developing countries accelerate industrialization and the servicification of the economy. From a firm perspective, production in the context of GVCs highlights the importance of being able to seamlessly connect factories across borders, as well as protect assets such as intellectual property. From the policy maker perspective, the focus is on shifting and improving access to resources while also advancing development goals, and also on the question of whether entry into GVCs delivers labor-market-enhancing outcomes for workers at home, as well as social upgrading. GVCs can lead to development, but, at the country level, constraints such as the supply of various types of labor and skills and inadequate absorptive capacity remain. GVCs can create new opportunities on the labor demand side, but supply and demand cannot meet if the supply is missing. This potential gap illustrates the importance of embedding national GVC policies into a broader portfolio of policies aimed at upgrading skills, physical and regulatory infrastructure, and enhancing social cohesion. 2014-05-29T16:35:32Z 2014-05-29T16:35:32Z 2014-05 http://documents.worldbank.org/curated/en/2014/05/19517206/making-global-value-chains-work-development http://hdl.handle.net/10986/18421 English en_US Economic premise;no. 143 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Brief Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic AGRICULTURE
ASSETS
AUTOMOBILE
AVERAGE PRODUCTIVITY
BACKBONE
BID
BUSINESS FUNCTIONS
BUSINESS MODELS
BUSINESS RELATIONSHIPS
BUSINESS STRATEGIES
BUYERS
CAPABILITY
CAPACITY BUILDING
CITIES
COLLABORATION
COLLECTIVE BARGAINING
COMMUNICATION TECHNOLOGY
COMPETITIVE ADVANTAGE
COMPETITIVENESS
CONNECTIVITY
CONTRACT DISPUTES
CUSTOMER BASE
CUSTOMS
DEMOCRACY
DEVELOPING COUNTRIES
DOMESTIC MARKET
DOMESTIC MARKETS
DRIVERS
E-COMMERCE
ECONOMIC ACTIVITIES
ECONOMIC ACTIVITY
ECONOMIC CONSTRAINTS
ECONOMIC DEVELOPMENT
ECONOMIC INTEGRATION
ECONOMICS
ELECTRONIC PLATFORM
ELECTRONIC TRANSFERS
ELECTRONICS ENGINEERS
EMPLOYMENT
ENTRY POINT
EQUITY STAKE
EQUITY STAKES
EXPENDITURES
EXPORT BARRIERS
EXPORTS
EXTERNALITIES
FOREIGN DIRECT INVESTMENT
FOREIGN EQUITY
FOREIGN EXCHANGE
FOREIGN INVESTMENT
FOREIGN INVESTORS
GLOBAL ECONOMY
GLOBAL SUPPLY CHAINS
GLOBALIZATION
HOST COUNTRY
HOST ECONOMY
HUMAN CAPITAL
IMPORT BARRIERS
INCOME
INCOMPLETE CONTRACTING
INCOMPLETE CONTRACTS
INDUSTRIAL DEVELOPMENT
INDUSTRIALIZATION
INNOVATION
INTANGIBLE
INTANGIBLE ASSETS
INTELLECTUAL PROPERTY
INTEREST RATE
INTERNATIONAL DEVELOPMENT
INTERNATIONAL ECONOMICS
INTERNATIONAL MARKETS
INTERNATIONAL TRADE
INTERNATIONAL TRANSACTIONS
INVESTMENT DECISION
INVESTOR PROTECTION
JOINT VENTURE
JOINT VENTURES
LABOR COSTS
LABOR DEMAND
LABOR MARKET
LABOR MARKETS
LABOR POLICIES
LABOR PRODUCTIVITY
LABOR SUPPLY
LABOR TURNOVER
LABOUR
LANDOWNERS
LEGAL SYSTEMS
LICENSES
LIVING STANDARDS
LOCAL ECONOMY
LOCALIZATION
MANUFACTURING
MARKET FAILURES
MARKET SEGMENTS
MARKETING
MARKETING STRATEGIES
MATERIAL
MEDIUM ENTERPRISES
NETWORK · TECHNOLOGY
NETWORKS
NICHE MARKET
OUTSOURCING
PATENTS
POLICY FRAMEWORK
POLITICAL ECONOMY
PORTFOLIO
PREFERENTIAL MARKET ACCESS
PRIVATE PARTNERSHIPS
PRODUCTION PROCESSES
PRODUCTIVITY
PROGRAMS
PROPERTY RIGHTS
PUBLIC INVESTMENT
REGULATORY INFRASTRUCTURE
RELIABILITY
RESULT
SAFETY
SEARCH
SITES
SKILLED LABOR
SOCIAL COHESION
SUPPLIERS
SUPPLY CHAIN
SUPPLY NETWORK
TAX
TAXONOMY
TECHNICAL ASSISTANCE
TECHNICAL COOPERATION
TECHNOLOGY TRANSFERS
TELECOMMUNICATIONS
TIMELY ACCESS
TRADE BARRIERS
TRADE LIBERALIZATION
TRADE UNIONS
TRADING
TRAINING INITIATIVES
TRAINING INSTITUTES
TRANSMISSION
VALUE CHAIN
VALUE CHAINS
WAGES
WEB
WEB SITE
WORLD TRADE
spellingShingle AGRICULTURE
ASSETS
AUTOMOBILE
AVERAGE PRODUCTIVITY
BACKBONE
BID
BUSINESS FUNCTIONS
BUSINESS MODELS
BUSINESS RELATIONSHIPS
BUSINESS STRATEGIES
BUYERS
CAPABILITY
CAPACITY BUILDING
CITIES
COLLABORATION
COLLECTIVE BARGAINING
COMMUNICATION TECHNOLOGY
COMPETITIVE ADVANTAGE
COMPETITIVENESS
CONNECTIVITY
CONTRACT DISPUTES
CUSTOMER BASE
CUSTOMS
DEMOCRACY
DEVELOPING COUNTRIES
DOMESTIC MARKET
DOMESTIC MARKETS
DRIVERS
E-COMMERCE
ECONOMIC ACTIVITIES
ECONOMIC ACTIVITY
ECONOMIC CONSTRAINTS
ECONOMIC DEVELOPMENT
ECONOMIC INTEGRATION
ECONOMICS
ELECTRONIC PLATFORM
ELECTRONIC TRANSFERS
ELECTRONICS ENGINEERS
EMPLOYMENT
ENTRY POINT
EQUITY STAKE
EQUITY STAKES
EXPENDITURES
EXPORT BARRIERS
EXPORTS
EXTERNALITIES
FOREIGN DIRECT INVESTMENT
FOREIGN EQUITY
FOREIGN EXCHANGE
FOREIGN INVESTMENT
FOREIGN INVESTORS
GLOBAL ECONOMY
GLOBAL SUPPLY CHAINS
GLOBALIZATION
HOST COUNTRY
HOST ECONOMY
HUMAN CAPITAL
IMPORT BARRIERS
INCOME
INCOMPLETE CONTRACTING
INCOMPLETE CONTRACTS
INDUSTRIAL DEVELOPMENT
INDUSTRIALIZATION
INNOVATION
INTANGIBLE
INTANGIBLE ASSETS
INTELLECTUAL PROPERTY
INTEREST RATE
INTERNATIONAL DEVELOPMENT
INTERNATIONAL ECONOMICS
INTERNATIONAL MARKETS
INTERNATIONAL TRADE
INTERNATIONAL TRANSACTIONS
INVESTMENT DECISION
INVESTOR PROTECTION
JOINT VENTURE
JOINT VENTURES
LABOR COSTS
LABOR DEMAND
LABOR MARKET
LABOR MARKETS
LABOR POLICIES
LABOR PRODUCTIVITY
LABOR SUPPLY
LABOR TURNOVER
LABOUR
LANDOWNERS
LEGAL SYSTEMS
LICENSES
LIVING STANDARDS
LOCAL ECONOMY
LOCALIZATION
MANUFACTURING
MARKET FAILURES
MARKET SEGMENTS
MARKETING
MARKETING STRATEGIES
MATERIAL
MEDIUM ENTERPRISES
NETWORK · TECHNOLOGY
NETWORKS
NICHE MARKET
OUTSOURCING
PATENTS
POLICY FRAMEWORK
POLITICAL ECONOMY
PORTFOLIO
PREFERENTIAL MARKET ACCESS
PRIVATE PARTNERSHIPS
PRODUCTION PROCESSES
PRODUCTIVITY
PROGRAMS
PROPERTY RIGHTS
PUBLIC INVESTMENT
REGULATORY INFRASTRUCTURE
RELIABILITY
RESULT
SAFETY
SEARCH
SITES
SKILLED LABOR
SOCIAL COHESION
SUPPLIERS
SUPPLY CHAIN
SUPPLY NETWORK
TAX
TAXONOMY
TECHNICAL ASSISTANCE
TECHNICAL COOPERATION
TECHNOLOGY TRANSFERS
TELECOMMUNICATIONS
TIMELY ACCESS
TRADE BARRIERS
TRADE LIBERALIZATION
TRADE UNIONS
TRADING
TRAINING INITIATIVES
TRAINING INSTITUTES
TRANSMISSION
VALUE CHAIN
VALUE CHAINS
WAGES
WEB
WEB SITE
WORLD TRADE
Taglioni, Daria
Winkler, Deborah
Making Global Value Chains Work for Development
relation Economic premise;no. 143
description Global value chains (GVCs) are playing an increasingly important role in business strategies, which has profoundly changed international trade and development paradigms. GVCs now represent a new path for development by helping developing countries accelerate industrialization and the servicification of the economy. From a firm perspective, production in the context of GVCs highlights the importance of being able to seamlessly connect factories across borders, as well as protect assets such as intellectual property. From the policy maker perspective, the focus is on shifting and improving access to resources while also advancing development goals, and also on the question of whether entry into GVCs delivers labor-market-enhancing outcomes for workers at home, as well as social upgrading. GVCs can lead to development, but, at the country level, constraints such as the supply of various types of labor and skills and inadequate absorptive capacity remain. GVCs can create new opportunities on the labor demand side, but supply and demand cannot meet if the supply is missing. This potential gap illustrates the importance of embedding national GVC policies into a broader portfolio of policies aimed at upgrading skills, physical and regulatory infrastructure, and enhancing social cohesion.
format Publications & Research :: Brief
author Taglioni, Daria
Winkler, Deborah
author_facet Taglioni, Daria
Winkler, Deborah
author_sort Taglioni, Daria
title Making Global Value Chains Work for Development
title_short Making Global Value Chains Work for Development
title_full Making Global Value Chains Work for Development
title_fullStr Making Global Value Chains Work for Development
title_full_unstemmed Making Global Value Chains Work for Development
title_sort making global value chains work for development
publisher World Bank, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2014/05/19517206/making-global-value-chains-work-development
http://hdl.handle.net/10986/18421
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