Expertise Areas

Global Value Chains (GVC) are the network vehicles through which most of international trade takes place. GVC adds value, creates employment and offers effective opportunities for achieving higher levels of sustainability in the economy. Insertion into these GVCs is, especially for low economy countries, a condition for development.

Over the past decades, the production processes that bring along goods and services have transformed significantly. Once they were produced within one factory and country, now their production has segmented and taking place in dispersed locations around the globe. The global or regional value chains that are the result from this process offer national economies the opportunity to specialize on individual stages. However, the extent to which participation in global value chains positively contributes to domestic development goals depends, on the one hand, on business strategies, and on conditions under which domestic industry and farming can participate in these chains on the other.