Trading for Development in the Age of Global Value Chains - Word Development Report 2020
About this course
Global value chains (GVCs) now account for almost half of all international trade. In this age of global value chains, learn how GVCs can become more sustainable and inclusive. Explore the ways in which countries can work together to create deeper reforms and predictable policies that encourage shared and sustained GVC participation. Based on the World Bank Group 2020 World Development Report (WDR), participants will learn from Bank economists about trading for development. Especially at a time when the world economy and supply chains are challenged by the COVID-19 crisis, GVCs and their significance in international trade and economic growth across the world are more important than ever.
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What you'll learn
- understand the concept of global value chains
- identify ways to make GVCs more sustainable and inclusive
- recognize the impact of GVCs on international trade and economic growth
- explore collaborative strategies for reform in GVCs
Course objectives
- analyze the significance of global value chains in today's economy
- explore policy recommendations for improving GVC participation
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