Made in the World? Global Value Chains in the Midst of Rising Protectionism

2020 ◽  
Vol 57 (2) ◽  
pp. 195-222 ◽  
Author(s):  
Sébastien Miroudot ◽  
Håkan Nordström
Author(s):  
Elena Yu. Frolova ◽  

The place in the rankings of agricultural exporting countries in world trade is estimated in terms of the volume of imports and exports of raw materials and food. However, to assess the efficiency of agricultural exports, it is important to analyze the value added of exported goods produced in the country. The position of the exporting country in global value chains is derived from the type of agricultural production, which in turn depends on the level of development of the national economy, the availability and breadth of use of modern high technologies. The article examines the concept of the development of world agriculture from the point of view of the formation of global value chains, set out in the report of the UN World Food Organization [1] in comparison with the political decisions of such countries as India and the People’s Republic of China in the development of agricultural and food exports. The paper analyzes the risks associated with the consolidation of developing countries as suppliers of agricultural raw materials, as well as the conditions and action plan that allow the country-exporter of agricultural raw materials to move to higher levels in the global value chains on the world market. This experience should be considered to make comprehensive and effective decisions on the formation of the export policy of agricultural products and food of the Russian Federation, considering the food security of the country.


2019 ◽  
Vol 4 (57) ◽  
pp. 399
Author(s):  
Joana STELZER ◽  
Silvano Denega SOUZA ◽  
Adrielle Betina I. OLIVEIRA

RESUMOObjetivo: O artigo visa identificar a aparição e a abordagem das CGV (Cadeias Globais de Valor) no âmbito da Organização Mundial do Comércio (OMC), tendo em vista a aparente alteração na plasticidade do comércio internacional e, por consequência, na economia mundial. A globalização nos tempos atuais pode ser compreendida como uma fragmentação da produção, em que o processo produtivo de uma mercadoria (ou serviço) é concebido em etapas, porém, executadas em diversos Estados.Metodologia: A metodologia utilizada é dedutiva com abordagem qualitativa e a pesquisa desenvolve-se por meio de bibliografias.  Resultados: O destaque do principal resultado é a possibilidade de identificar características distintas entre Cadeias de Commodities, passando pela Cadeia de Commodities Global, até se alcançar as Cadeias Globais de Valor. Revela, também, que o avanço das CGV tem-se mostrado positivo, mormente no que tange às repercussões observadas nas políticas comerciais e econômicas dos Estados.Contribuições: Como principal contribuição, o artigo apresenta uma análise do cenário internacional no que tange ao comércio e sua nova forma de transacionar, sobretudo com Estados não desenvolvidos. Partindo-se da análise do CGV e sua relação com a Organização Mundial do Comércio,  a revelação desse emergente modelo foi flagrada, ademais, na insistente inserção dos termos CGV e Global Value Chains nos documentos e relatórios da Organização Mundial do Comércio, especialmente com maior intensidade a partir de 2014.PALAVRAS-CHAVES: Tributo; responsabilidade tributária; terceiros.  ABSTRACTObjective: To identify the appearance and approach of GVCs (Global Value Chains) within the World Trade Organization (WTO), in view of the apparent change in the plasticity of international trade and, consequently, in the world economy. Globalization in the present times can be understood as a fragmentation of production, in which the productive process of a commodity (or service) is conceived in stages, but executed in several States.Methodology: The methodology used is deductive with qualitative approach and the research is developed via bibliographies.Results: The highlight of the main result is the ability to identify distinct characteristics between Commodity Chains, going through the Global Commodity Chain, until reaching Global Value Chains. It also reveals that the advancement of GVCs has been positive, especially regarding the repercussions observed in the commercial and economic policies of the States.Contributions: As the main contribution, the article presents an analysis of the international scenario regarding trade and its new way of trading, especially with undeveloped States. Based on the analysis of the GVC and its relationship with the  World Trade Organization, the revelation of this emerging model was also caught in the insistent insertion of the terms GVC and Global Value Chains in World Trade Organization documents and reports, especially with greater emphasis. Intensity as of 2014.KEYWORDS: Tax; tax liability; third parties.


2018 ◽  
Vol 6 (4) ◽  
pp. 607-632 ◽  
Author(s):  
ZHEN ZHU ◽  
GREG MORRISON ◽  
MICHELANGELO PULIGA ◽  
ALESSANDRO CHESSA ◽  
MASSIMO RICCABONI

AbstractInternational trade has been increasingly organized in the form of global value chains (GVCs). In this paper, we provide a new method for comparing GVCs across countries and over time. First, we use the World Input–Output Database (WIOD) to construct both the upstream and the downstream global value networks. Second, we introduce a network-based measure of node similarity to compare the GVCs between any pair of countries for each sector and each year available in the WIOD. Our network-based similarity is a better measure for node comparison than the existing ones because it takes into account all the direct and indirect relationships between the country–sector pairs, is applicable to both directed and weighted networks with self-loops, and takes into account externally defined node attributes. As a result, our measure of similarity reveals the most intensive interactions among the GVCs across countries and over time. From 1995 to 2011, the average similarity between sectors and countries have clear increasing trends, which are temporarily interrupted by the recent economic crisis. This measure of the similarity of GVCs provides quantitative answers to important questions about dependency, sustainability, risk, and competition in the global production system.


FEDS Notes ◽  
2021 ◽  
Author(s):  
François de Soyres ◽  
◽  
Julien Maire ◽  
Guillaume Sublet ◽  
◽  
...  

This FEDS Note looks at the effect of Regional Trade Agreements on trade between the agreement zone and the rest of the world. Global Value Chains are associated with an increase in outflow. Hence, RTAs can be a stumbling block for multilateralism.


Author(s):  
Sergey A. Tolkachev ◽  
◽  
Artyom Y. Teplyakov ◽  

In the context of the developing global economic crisis, it is important to have an adequate methodological toolkit for the global positioning of the manufacturing industry in different countries of the world in the production value chains. In this work, the authors made an attempt to further develop their own concept that solves this problem. A methodology for calculating indices reflecting the dynamics of national industrial competence “in the context” of the integration of the country’s manufacturing industries into global value chains is presented. The calculations and conclusions are based on the OECD TiVA statistical database (2018). The tendencies of industrial development of thirty economies of the world, including the Russian one, were identified, taking into account their “embedding” in global value chains. So, if the manufacturing industry of Russia, participating in the international division of labor, manages to maintain an average level of general national industrial competence, then its strategic positions associated with the development of high-tech industries can be qualified as “outsider”. The author’s methodology seems promising in terms of assessing the global economic positioning of countries and formulating recommendations for national regulators of manufacturing activity.


Author(s):  
Chiara Burlina ◽  
Eleonora Di Maria

Purpose This paper aims to provide a snapshot of various countries’ contributions to value produced along global value chains (GVCs). It focusses on manufacturing activities and their evolution over time, in the context of GVC regionalisation. Design/methodology/approach The Trade in Value Added (TiVA) and World Integrated Trade Solution databases for the period of 2005-2015 were used to explore the case of Italy and its industries’ specialisations (Made in Italy): fashion, furniture, automotive and machinery traditionally organised into clusters. Various analyses were used to show the dynamics of gross import–export and imported–exported value-added. Moreover, the revealed comparative advantage index was computed to test whether the Made in Italy sector remains a source of competitive advantage for Italy within GVCs. Findings The results highlight how the geography of value-added is changing over time, with growing importance placed on the countries close to Italy and with a different pace according to each considered GVC. Originality/value The paper applied new methods to compare trade and analyse value-added dynamics through a recent database released by the Organization for Economic Co-operation and Development within the TiVA initiative that is useful for scholars and policymakers.


2020 ◽  
Vol 0 (0) ◽  
Author(s):  
Haitao Cheng ◽  
Hayato Kato ◽  
Ayako Obashi

AbstractThe spatial unbundling of parts production and assembly currently characterizes globalization, leading to the worldwide dispersion of pollution. We consider socially optimal (cooperative) environmental taxes in a two-country model of global value chains in which the location of both parts and assembly can differ. When unbundling costs are so high that parts and assembly must colocate in the pre-globalized world, pollution is spatially concentrated, and harmonizing environmental taxes maximizes global welfare. In contrast, with low unbundling costs triggering the dispersion of parts and thus pollution throughout the world as today, harmonization fails to maximize global welfare. Similar results hold when the two countries non-cooperatively choose their environmental taxes.


2021 ◽  
Author(s):  
Ganira Ibrahimova

There are already numerous opinions and forecasts about what the world economy will look like in the nearest future, in the wake of a post-pandemic period. The global world is facing now а social and economic crisis, never experienced before, the COVID-19 pandemic became a very significant trigger changing the way the world production was conducted in the previous era. In these conditions, large and small businesses are trying to cooperate with each other within the Global Value chains framework, to survive. As the main drivers of global production and financial systems, large corporations had to improve, but it is still difficult to say how long it will take. On the other side, after the pandemic recession, it is becoming more and more obvious that SME sector has increased its impact not only within the national economies, but also in a global scale. A huge amount of financial and institutional support is being provided to the SME sector by the governments, which eventually will lead to an improvement in the International Capital Reproduction System. However, there is still a gap in existing connections within the global value chains, which makes a big challenge for this integration process to be achieved. Although many aspects of globalization are now clearly understood, still there is scarce information on the transforming relations between large companies and their partners - smaller firms and the ways the formers integrate into the Global Value Chains. This study aims to define the evolution of the role of SMEs in the global value chains, identify and assess the factors that contribute to the integration of SMEs into global value chains and explore the impact of GVC onto their institutional framework.


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