Beyond Borders: Global Value Chains (GVCs) Role in Empowering Emerging Economies spotlightnepal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from spotlightnepal.com Daily Mail and Mail on Sunday newspapers.
The budget is an opportunity to rectify inversions. We need generally lower tariffs and not just item-wise fixes for better trade performance and integration with global value chains.
Global trade patterns are in flux but there’s an optimist’s case for the country to lower import duties to sharpen domestic competitiveness. It will also support our global value chain ambitions.
East Asia must strike a balance between industrial and trade policies so that they do not lose out on the benefits of participating in global trade, writes Arianto A Patunru (ANU).