World development report 2020 : trading for development in the age of global value chains

Natura: Monografia - Materiale testuale - Risorsa elettronica
Descrizione: World development report 2020 : trading for development in the age of global value chains / The World Bank. - Dati testuali elettronici. - Washington : World Bank, c2020
Note: Tit. dalla schermata del titolo
Sommario/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.
Numeri: ISSN: 0163-5085
ISBN: 978-1-4648-1494-5
DOI: 0.1596/978-1-4648-1494-5
Banca mondiale -  [Responsabilit√† principale]
Termine di thesauro:
Sviluppo economico
[Classificazione Decimale Dewey] 338.91 - Sviluppo e crescita internazionale
Paese pubblicazione: Stati Uniti
Lingua: Inglese
ID scheda: 22922
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