Africa Industrialization Day

  Current trends* Integration into GVCs has long been understood as a potential pathway for industrial upgrading . By tapping into international production and trade networks, developing countries have been able to enhance their industrial capabilities , generate jobs and boost economic growth. However, successful integration has always relied on a range of factors, including domestic conditions and the broader International Trade System . As global supply chains rapidly evolve, driven by geopolitical, economic and environmental dynamics, developing countries now face new challenges and opportunities in securing their place in GVCs . A series of shocks to international trade flows in recent years has prompted many countries and firms to reassess their trade and production practices. The COVID-19 pandemic was a major catalyst, causing widespread disruptions in production, transportation and labour markets. Even as economies began to recover, supply chains continued to face ch...

  The fragmentation of production along global value chains has been recognized as a significant feature of the twenty-first century global economy with its epicentre in Asia. Research on GVCs is, however, characterized by a lack of consensus over definition and measurement. The increasing availability of integrated input-output data and the development of appropriate indicators to measure GVC participation have allowed researchers to delve more deeply into empirical regularities surrounding integration and upgrading within GVCs. Combining findings from firm-level surveys and case studies, the geography of GVCs in Asia can be mapped and the determinants of successful participation and upgrading in global and regional chains identified. This volume brings together the findings from a series of studies carried out for a joint project of United Nations Industrial Development Organization (UNIDO) and the University of International Business and Economics (UIBE).  Part One takes a ...