This paper examines the development of the services sector in India in terms of the global value chain (GVC) framework. In particular, it looks at the information technology and business process management (IT-BPM) services and finds that firm characteristics such as size, age and foreign...

Exports serve as an engine of economic growth and can potentially help countries come out of poverty and unemployment. However, as the production process is increasingly getting fragmented globally, greater exports no longer imply higher domestic production, as imports of intermediate products...

In recent years, trade in intermediate goods has increased manifold with the emergence of global value chains (GVCs). China has emerged as one of the leading countries in the whole GVC network; many countries, including the USA, are heavily dependent on China for the intermediates in the...