Cover image for Global value chain development report. 2021 : beyond production
Global value chain development report. 2021 : beyond production
Title:
Global value chain development report. 2021 : beyond production
Author:
World Trade Organization.
ISBN:
9789287054296
Publication Information:
Geneva, Switzerland : World Trade Organization, c2021.
Physical Description:
212 p. : col. ill. ; 28 cm
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.
Added Corporate Author:
Subject:
Economic research and trade policy analysis.
Summary:
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.