This paper explores the dynamics of convergence in Latin American countries and asks whether there are tendencies for converging to different clubs. The analysis shows clear differences between two groups: a large group of low-to-middle income countries and a small group of rich countries. The...

Online Technical Appendix to "The Reorganization of Global Value Chains: What's in it for Latin America and the Caribbean?" It describes in more detail the data sources, the empirical strategy; and presents a series of robustness checks.

As Latin America and the Caribbean bounce back from a sanitary crisis of historic proportions, the search is on for policies that can accelerate recovery while boosting longterm growth. In a scenario of tight fiscal constraints, trade and integration (T&I) policies seem to fit this description....

Chapter 1: Preliminaries: concepts, trends and frameworks -- Chapter 2: The participation of Latin America in international supply chains -- Chapter 3: Drivers of global value chain participation: cross-country analyses -- Chapter 4: What does it take to be part of an international value chain:...