000 02386nam a22003615i 4500
001 21243382
003 US-djbf
005 20210811114734.0
006 m d
007 cr cn|||||||||
008 191016s2019 dcu 000 0 eng
010 _a2019952802
020 _a9781464814570
_q(paperback)
020 _a9781464814945
_q(hardcover)
020 _z9781464814952
_q(ebook)
035 _a(The World Bank)21243382
040 _aDLC
_beng
_erda
_cDLC
042 _apcc
110 2 _aWorld Bank (Washington, District of Columbia),
_eauthor.
_928990
245 1 0 _aWorld development report 2020 :
_btrading for development in the age of global value chains.
263 _a201912
264 1 _aWashington :
_bWorld Bank Group,
_c2019.
300 _a1 online resource (pages cm)
336 _atext
_btxt
_2rdacontent
337 _aunmediated
_bn
_2rdamedia
338 _avolume
_bnc
_2rdacarrier
347 _adata file
_2rda
520 3 _a"Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Since the 2008 global financial crisis, however, the growth of trade has been sluggish and the expansion of GVCs has stalled. Meanwhile, serious threats have emerged to the model of trade-led growth. New technologies could draw production closer to the consumer and reduce the demand for labor. And trade conflicts among large countries could lead to a retrenchment or a segmentation of GVCs. World Development Report 2020: Trading for Development in the Age of Global Value Chains examines whether there is still a path to development through GVCs and trade. It concludes that technological change is, at this stage, more a boon than a curse. GVCs can continue to boost growth, create better jobs, and reduce poverty provided that developing countries implement deeper reforms to promote GVC participation; industrial countries pursue open, predictable policies; and all countries revive multilateral cooperation"--
_cProvided by publisher.
588 _aDescription based on print version record.
776 0 8 _aPrint Version:
_z9781464814570
830 0 _aWorld Bank e-Library.
_928991
856 4 0 _uhttp://elibrary.worldbank.org/doi/book/10.1596/978-1-4648-1457-0
999 _c5415
_d5415