发帖
雷达卡
Summary
The present paper summarizes the recent findings of the empirical and academic literature on global value chains, including policy analysis conducted by the Economic and Social Commission for Asia and the Pacific (ESCAP) secretariat, and provides suggestions on policy implications and recommendations for consideration by the Governments of Asia and the Pacific. In the paper, alternative measures are used to provide stylized facts on participation of Asia-Pacific economies in regional and global value chains. The main factors contributing to those levels of participation are also examined. Moreover, the paper explores the relationship between global value chains and regional integration processes, in particular the linkages between different types of preferential trade agreements and the evolution of global value chains. It also includes an analysis of the prospects for Asia-Pacific developing economies to enhance their participation in regional and global value chains as a way to achieve the sustainable development goals. The linkages between corporate and global value chains’ sustainability are explored, with special attention given to small and medium-sized enterprises. More specifically, the paper highlights development implications and challenges for small and medium-sized enterprises in the context of specific industries (agribusiness, garments and apparel, and automotive parts). The concepts of circular economy and social investment are also examined in the context of relevance for and linkages with global value chains.
The analysis concludes with a number of policy options for national trade strategies and the design of economic policies to enhance the competitiveness of firms and value-added content of production. The paper emphasizes that no simple “one-size-fits-all” prescriptions are available or desirable and that in fact some of the factors influencing developments in this area may not even be under the control of trade policymakers. Several initiatives for ESCAP to undertake are offered for consideration by the Commission.
京公网安备 11010802022788号
