The Global Value Chain Development Report 2023, the fourth in this biennial series, is released at a critical juncture in the evolution of Global Value Chains (GVCs). In response to the diverse shocks of recent years, this report explores approaches to build resilient and sustainable GVCs. It...

This report takes stock of the evolution of global value chains (GVCs) in light of technological developments, such as robotics, big data and the Internet of Things. It discusses how these technologies are reshaping GVCs and examines the effect of these changes on labor markets in developed and...

A collection of papers by some of the world’s leading specialists on global value chains (GVCs). It examines how GVCs have evolved and the challenges they face in a rapidly changing world. The approach is multidisciplinary, with contributions from economists, political scientists, supply chain...

This paper uses Chinese firm level data to detect the international propagation of adverse shocks triggered by the US hurricane season in 2005. We provide evidence that Chinese processing manufacturers with tight trade linkages to the United States reduced their intermediate imports from the...

This note examines the implications of the crisis in Ukraine for global trade and development. It highlights the importance of the supplies of food, energy and certain industrial inputs from Russia and Ukraine, and explores how the war is causing severe risks to food and energy security as well...

This Selected Issues paper focuses on constructing a high-frequency economic growth indicator for Suriname. Most economic data for Suriname are available only with a substantial time lag and on a low-frequency basis, impeding such analyses. This paper presents a simple econometric model that...

Over the past 20 years, trade in services has become the most dynamic segment of world trade, growing more quickly than trade in goods. Developing countries and transition economies have played an increasingly important role in this area, increasing their share in exports of world services from...