Global value chains for regional development: Mobilising trade and FDI for economic development
This event marks the launch of the new book Harnessing Global Value Chains for Regional Development which makes the case for proactive public policies for the engagement with GVCs to the benefit of local communities.
Global Value Chains (GVCs) have a central role in the international economy, yet to many they are unwieldy flows of goods and services unable to be harnessed. This event marks the launch of the new book Harnessing Global Value Chains for Regional Development which makes the case for GVC-sensitive development policies that target specific segments of selected GVCs as stepping-stones for local upgrading, innovation, and development.
With a global geo-political landscape constantly in flux, policymakers around the world over are looking to future-proof strategies for economic development. The re-organisation of global supply chains, emergence of new technologies, and sustainability concerns offer new opportunities for countries, regions, and cities to link up to GVCs and participate in the global economy.
The speakers discuss how this engagement can be operationalised on the ground and how barriers to inclusive and sustainable development can be removed to make GVC participation a stepping stone for local upgrading, innovation, and development.
You can also listen to the audio event recording here.