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KUALA LUMPUR: Malaysia needs to build more digital infrastructure and bridge the digital divide, focus on capacity building and best practices, develop skilled workers, and ensuring fair entry into digital trade zones to strengthen its position in the global value chains (GVCs).
The role of global value chains for development is often told from a manufacturing or agriculture perspective. This column discusses how the rise of global services value chains offers developing countries with new opportunities by providing jobs, revenue, and productivity growth. In addition, they do so in a more inclusive way than manufacturing. Policymakers need to invest
The pandemic has accelerated history by reinforcing some previous trends, leading the world to a “great reset”. Among the enduring consequences of the pandemic, four of them are here highlighted: digital transformation has been speeded up; globalization will be reshaped; higher public debt will be a legacy from the crisis; and some economic scarring from the pandemic in labor markets may be expected.
Launch of USISPF's Reports on Enhancing India's Global Value Chain Competitiveness and Shifting GVCs to India
On December 10th the international community observes Human Rights Day. This is a day when businesses and organizations around the world celebrate and build upon the UN General... | December 7, 2021