Overview of the impact of Global Value Chains (GVC) on Economic Development

Introduction Due to a rising share of international trade, global GDP, and employment, it is important to understand GVCs and adopt an efficient and effective strategy for participation in GVCs. The global economy is highly interconnected with the growth of global value chains (GVCs) (OECD, 2013, p. 5), but opportunities for economic growth through participation … Read more