Mapping the Commonwealth Countries’ Participation in Global Value Chains

Escaith, Hubert and Khorana, Sangeeta (2020): Mapping the Commonwealth Countries’ Participation in Global Value Chains.

Abstract

This background paper provides a general picture of the characteristics and dynamics of Global Value Chains (GVC) in the Commonwealth countries. The main building blocks of the empirical analysis are based on a measure of inter-industrial linkages between and across between 43 of the 53 Commonwealth countries and sectors for which data were available. Using a trade network perspective, it measures the international flows of value-added and assesses countries’ position within GVCs. After calculating a series of in-depth GVC indica-tors, the paper assesses the potential for trade creation within the Commonwealth communi-ty. This review is complemented by several suggestions of policy and enabling measures aimed at facilitating the participation of those countries that are at the lower end of the val-ue chain.

• Item Type: MPRA Paper
• Language: English
• Keywords: Trade; Commonwealth; input-output; global value chains; inter-industry linkages; trade complementarity; regional trade agreements
• Subjects: C - Mathematical and Quantitative Methods > C6 - Mathematical Methods ; Programming Models ; Mathematical and Simulation Modeling > C67 - Input-Output Models; F - International Economics > F1 - Trade > F13 - Trade Policy ; International Trade Organizations; F - International Economics > F1 - Trade > F15 - Economic Integration; F - International Economics > F6 - Economic Impacts of Globalization > F60 - General; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O19 - International Linkages to Development ; Role of International Organizations; O - Economic Development, Innovation, Technological Change, and Growth > O2 - Development Planning and Policy > O24 - Trade Policy ; Factor Movement Policy ; Foreign Exchange Policy

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