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Global Value Chain Development Report 2019 : Technological Innovation, Supply Chain Trade, and Workers in a Globalized World (English)

More than two-thirds of world trade occurs through global value chains (GVCs), in which production crosses at least one border, and typically many borders, before final assembly. The phenomenal growth in GVC-related trade has translated into significant economic growth in many countries across the globe over the last two decades, fueled by reductions in transportation and communication costs and declining trade barriers. But, at the same time, it has contributed to distributional effects that mean that the benefits of trade have not always accrued to all, which has, at least in part, been a driver in the backlash against globalization and the rise of protectionism and threats to global and regional trade agreements. In addition, new technological developments such as robotics, big data, and the Internet of Things (IoT) are beginning to reshape and further transform GVCs. This second GVC development report takes stock of the recent evolution of GVC trade in light of these developments.

Details

  • Author

    World Bank World Trade Organization

  • Document Date

    2019/04/15

  • Document Type

    Publication

  • Report Number

    136044

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    World,

  • Region

    The World Region,

  • Disclosure Date

    2019/04/15

  • Disclosure Status

    Disclosed

  • Doc Name

    Global Value Chain Development Report 2019 : Technological Innovation, Supply Chain Trade, and Workers in a Globalized World

  • Keywords

    supply chain; global value chain; small and medium size enterprise; information and communication technology; marginal cost of production; access to the internet; domestic value added; speech development; access to global market; technological innovation; global financial crisis; Labor Market; global economy; electronic data interchange; foreign direct investment; radio frequency identification; digital technology; global production network; demand for worker; government and business; benefits of globalization; categories of worker; total factor productivity; gross domestic product; foreign trade zone; bilateral trade balances; international development institution; economies of scale; intellectual property rights; production and export; flow of information; benefits of participation; impacts on employment; demand for good; returns to capital; impact on poverty; import of goods; level of employment; labor market policy; access to information; owners of capital; basic price; local labor market; internet of things; supply of electricity; electronic payment system; benefits of trade; information communication technology; impact of trade; barriers to service; trade in services; tracking and tracing; digital economy; flow of good; mobile payment system; small and medium enterprise; big data; imported inputs; global trade; e-commerce platform; adjustment policy; consumer demand; export value; advanced economy; International Trade; domestic economy; manufacturing jobs; import good; computer system; gross exports; technological progress; primary product; Technology Transfer; accounting framework; exporting firms; firm productivity; search cost; import competition; advanced country; skilled labor; labor-intensive activities; artificial intelligence; 3d printing; net import; production function; mobile communication; distribution center; domestic content; service content; distribution margin

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Citation

World Bank World Trade Organization

Global Value Chain Development Report 2019 : Technological Innovation, Supply Chain Trade, and Workers in a Globalized World (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/384161555079173489/Global-Value-Chain-Development-Report-2019-Technological-Innovation-Supply-Chain-Trade-and-Workers-in-a-Globalized-World