Foreword

The Global Value Chain Development Report 2023: Resilient and Sustainable GVCs in Turbulent Times, the fourth in this biennial series, is released at a critical juncture in the evolution of Global Value Chains (GVCs). It first provides an update on trends in GVCs highlighting that international production networks remain a central part of globalization despite mounting pressures. The report then turns to its main theme which is informed by the fact that the intricate networks of international flows of goods, services, capital, and technology are currently facing exceptional challenges arising from geopolitical complexities and the impacts of climate change in the Post-COVID era.