Cover -- Development with Global Value Chains -- Title -- Copyright -- Contents -- Tables and Figures -- 1. Introduction -- Dimensions of GVCs -- Division of knowledge and capabilities -- The dynamics of knowledge distribution -- Strategies of interaction -- Income distribution -- Types of...

Taking global value chains (GVCs) into account has important implications for trade policy. When production is vertically fragmented and trade in intermediate inputs is prevalent, one has to look differently at a certain number of issues. Through case studies, this paper provides new evidence on...