The objective of this report is to examine the extent to which countries in Latin America and the Caribbean participate in global value chains and what are the drivers of such participation. Production processes have been increasingly fragmented worldwide. For example, the production of the...

1. China and its New Position in the World Economy -- 2.China's Economic Growth and its Main Sources -- 3. The Growing Importance of China in Global Trade -- 4. FDI as a Driving Force of China's Expansion -- 5. The Importance of the Energy Sector in China's Growth Strategy -- Quo Vadis China

OECD countries still dominate the world economy, but their share of world trade dropped from 73% in 1992 to 64% in 2005, and some of the world’s most important economies are not members of the OECD. Foremost among these are the so-called BRIICS: Brazil, Russia, India, Indonesia, China and...