Tag: Global Value Chains
Global value chains remain resilient a year after COVID-19
Initial concerns about GVC viability have turned out to be largely unfounded, and a major reshuffling of GVCs seems unlikelyThere has been...
COVID-19 spurring changes in global value chains—UNCTAD
The COVID-19 crisis is changing global value chains (GVCs) as companies ramp up relocation and reshoring activities to mitigate the risks brought...
Three major forces reshaping GVCs in Asia
Amid trade tensions, the pandemic and a global recession, global value chains (GVCs) in Asia are being tested and reconfigured like never...
ICC unveils roadmap to prevent ‘unprecedented collapse of value chains’
The International Chamber of Commerce (ICC) has issued a 10-point roadmap to help governments fight the COVID-19 pandemic and limit its economic...
China slowdown, COVID-19 have caused $50B decline in global exports—UNCTAD
The slowdown of manufacturing in China due to the coronavirus (COVID-19) outbreak is disrupting world trade and could result in a US$50...
Trade in As-Pac falls for first time since 2009—ESCAP report
For the first time in the post-2009 crisis period, the Asia-Pacific registered a dip in both trade volume and value in 2019,...
WTO report assesses impact of digital technologies on GVCs
New digital technologies, such as robotics and big data, are reshaping global value chains (GVCs) and creating new opportunities for small and...
More inclusive global value chains can advance growth in developing countries-report
Global value chains (GVCs) are transforming world trade, but must be more inclusive if they are to deliver greater benefits to developing countries and...
Trade restrictions among G20 remain high
The World Trade Organization's (WTO) sixteenth monitoring report on Group of 20 (G20) trade measures, issued recently, shows that the number of trade-restrictive measures...