Washington, DC: World Bank eBooks· 2019
World Development Report 2020: Trading for Development in the Age of Global Value Chains
- 1,029citations
- 2019year
Short summary
Global value chains (GVCs) drove trade growth and economic convergence since 1990, accounting for nearly half of global trade, but have stalled since 2008 due to new technologies and geopolitical conflicts.
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General Economics, Econometrics and FinanceEconomics, Econometrics and Finance