This paper analyses the role of services in international trade through the lens of global value chains (GVCs). Services account for more than 70% of world GDP but only for around 20% of world trade in balance of payments terms. In value added terms, accounting for services embodied in exported...

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...

The paper examines the global production value chain in Singapore’s services sector. Specifically, it explores some of the key activities related to the retail value chain in the country. Based on the experience of other major economies, the productivity and competitiveness of the retail...

This paper examines services sector liberalization and global production value chains in Indonesia, particularly focusing on the telecommunications sector. The study employs TiVA, Indonesia’s Input Output (I-O) Tables and sectoral-level data for analysis, as firm-level data is not available...

When firms trade in “tasks” rather than in final products, the weight of tariffs and transportation costs on factory prices and on international competitiveness is magnified. With goods crossing national borders many times before reaching the final consumer, these trading costs are also...

Resource abundance does not always bring sustained economic growth and development. Moreover, the mining sector generally provides little direct employment in the regions where extraction occurs. In an attempt to derive greater benefits from their resource endowments, and increase linkages with...