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Report notes global value chain resilience, shift beyond manufacturing

Global value chains (GVCs) have proven to be resilient amid challenges posed by the pandemic and environmental and geopolitical shocks, says a report co-published by the World...
Masatsugu Asakawa Ngozi Okonjo Iweala China Development Research Foundation China Research Institute For Global Value Chains Japan Institute Of Developing Economies University Of International Business

Measuring countries and sectors in GVCs

There is no doubt that the production of goods and services has become increasingly globalized since the 1970s, but this trend is one that is hard to measure. Ideally, the best way would be to use firm-level trade and census data across countries, but such data are very rare.
United States World Bank District Of Columbia New South Wales World Bank Integrated Trade Solution Economic Systems Research

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Why Is There a Need to Delink International Trading Rules From Climate Goals?

National trade policies can play a complementary role but international trading rules that are being proposed to the WTO can constrain developing countriesโ€™ progress towards environmentally sustainable growth.
World Trade Organisation Agreement On Trade In Services Environmental Goods General Agreement Carbon Border Adjustment Mechanism Nationally Determined Contributions
Source: thewire.in

How natural disasters reshape supply chains | VOX, CEPR Policy Portal

The immediate consequences of natural disasters for global value chains are well-documented, but little is known about the longer term. This column examines the long-term impact of the 2011 earthquake in Japan on auto and electronics supply chains using data on imports of Japanese products worldwide. Imports shifted to new suppliers, especially in products where dependence on
United States Japan General Bruxelles Capitale World Bank Group Congressional Research Service World Bank Development Indicators
Source: voxeu.org

Malaysia: further reforms to boost business dynamism would strengthen the recovery from COVID-19, says OECD

OECD Information for journalists, The Malaysian economy is on the road to recovery from COVID-19, although risks remain from the ongoing crisis. A return, over time, to pre-pandemic growth rates will require continued reforms to improve the business environment further, and accelerate digitalisation, according to a new OECD report.
Mustapa Mohamed Mathias Cormann Department For Economic Affairs Seea Survey Overview Economic Survey Of Malaysia Media Office
Source: oecd.org

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