Estimating trade in value-added: Why and how?
- By: Nadim Ahmad
- Source: Global Value Chains in a Changing World , pp 85-108
- Publication Date: January 2013
- DOI: https://doi.org/10.30875/6e3307c2-en
- Language: English
Global value chains (GVCs) have become a dominant feature of today’s global economy. This growing process of international fragmentation of production, driven by technological progress, cost, access to resources and markets and trade policy reforms has challenged our conventional wisdom on how we look at and interpret trade and, in particular, the policies that we develop around it. Indeed, traditional measures of trade that record gross flows of goods and services each and every time they cross borders, alone, may lead to misguided decisions being taken.
Ebook ISBN:
9789287042446
Book DOI:
https://doi.org/10.30875/0b68ab34-en
Related Topics:
Economic research and trade policy analysis
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