Measuring and analyzing the impact of GVCs on economic development

Global value chains (GVCs) break up the production process so different steps can be carried out in different countries. Many smart phones and televisions, for example, are designed in the United States or Japan. They have sophisticated inputs, such as semiconductors and processors, which are produced in the Republic of Korea or Chinese Taipei. And … Continue reading Measuring and analyzing the impact of GVCs on economic development