Can firms and economies utilize global value chains for development? How can they move from low-income to middle-income and even high-income status? This book addresses these questions through a series of case studies examining upgradation and innovation by firms operating in GVCs in Asia. The...

This paper discusses Philippines' Summary Technical Assistance Report series that provides high-level summaries of the assistance provided to IMF capacity development recipients, describing the high-level objectives, findings, and recommendations. Responding to a request from the Bangko Sentral...

This selected issues paper provides background on evolution, highlight the rationale behind the key changes, describe the most important extensions and their implications, and to then present several policy applications, which played a part in informing the 2023 Article IV discussions with the...