World Development Report 2020 : Trading for Development in the Age of Global Value Chains (Vol. 2 of 2) : Overview (English)

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...

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Document Date
2019/10/08
Document Type
World Development Report
Report Number
142500
Volume No
2
Total Volume(s)
2 (See all volumes)
Country
World,
Region
Other,
Disclosure Date
2019/10/10
Disclosure Status
Disclosed
Doc Name
Overview
Keywords
political economy of trade policy

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World Development Report 2020 : Trading for Development in the Age of Global Value Chains (Vol. 2 of 2) : Overview (English). World development indicators|World development report Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/537371570778931095

World Development Report 2020 : Trading for Development in the Age of Global Value Chains (Vol. 2 of 2) : Overview (English)

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