Making Global Value Chains Work for Development High quality books
Making Global Value Chains Work for Development
By:Daria Taglioni,Deborah Winkler
Published on 2016-06-10 by World Bank Publications

Economic, technological, and political shifts as well as changing business strategies have driven firms to unbundle production processes and disperse them across countries. Thanks to these changes, developing countries can now increase their participation in global value chains (GVCs) and thus become more competitive in agriculture, manufacturing and services. This is a paradigm shift from the 20th century when countries had to build the entire supply chain domestically to become competitive internationally. For policymakers, the focus is on boosting domestic value added and improving access to resources and technology while advancing development goals. However, participating in global value chains does not automatically improve living standards and social conditions in a country. This requires not only improving the quality and quantity of production factors and redressing market failures, but also engineering equitable distributions of opportunities and outcomes - including employment, wages, work conditions, economic rights, gender equality, economic security, and protecting the environment. The internationalization of production processes helps with very few of these development challenges. Following this perspective, Making Global Value Chains Work for Development offers a strategic framework, analytical tools, and policy options to address this challenge. The book conceptualizes GVCs and makes it easier for policymakers and practitioners to discuss them and their implications for development. It shows why GVCs require fresh thinking; it serves as a repository of analytical tools; and it proposes a strategic framework to guide policymakers in identifying the key objectives of GVC participation and in selecting suitable economic strategies to achieve them.
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Book ID of Making Global Value Chains Work for Development's Books is dM1sDAAAQBAJ, Book which was written byDaria Taglioni,Deborah Winklerhave ETAG "1lgZX5vMQfQ"
Book which was published by World Bank Publications since 2016-06-10 have ISBNs, ISBN 13 Code is 9781464801624 and ISBN 10 Code is 1464801622
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