Publication Type
Report
Version
publishedVersion
Publication Date
11-2021
Abstract
A radical shift is underway in global value chains as they increasingly move beyond traditional manufacturing processes to services and other intangible assets. Digitization is a leading factor in this transformation, which is being accelerated by the coronavirus disease (COVID-19) pandemic. The Global Value Chain Development Report 2021, the third of a biennial series, explores this shift Beyond Production. This report shows how the rise of services value chains offers a new path to development and how protectionism and geopolitical tensions, environmental risks, and pandemics are undermining the stability of global value chains and forcing their reorganization geographically.
Keywords
Economic research and trade policy analysis
Discipline
Economics
First Page
1
Last Page
247
Identifier
10.30875/7eb92281-en
Publisher
World Trade Organization, Asian Development Bank
Citation
XING, Yuqing; GENTILE, Elisabetta; DOLLAR, David; and et al..
Global value chain development report 2021: Beyond production. (2021). 1-247.
Available at: https://ink.library.smu.edu.sg/soe_research/2598
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.