GLOBAL VALUE CHAINS: CHALLENGES, …

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GLOBAL VALUE CHAINS: challenges , opportunities , AND IMPLICATIONS FOR POLICY OECD, WTO and World Bank Group Report prepared for submission to the G20 Trade Ministers Meeting Sydney, Australia, 19 July 2014 FOREWORD 3 GLOBAL VALUE CHAINS: challenges , opportunities , AND IMPLICATIONS FOR POLICY FOREWORD Meeting at the Saint Petersburg Summit in September 2013, the assembled leaders of the Group of Twenty noted the importance of better understanding the rapid expansion of GLOBAL VALUE chains (GVCs) and impacts of participation in GVCs for growth, industrial structure, development and job creation. Leaders welcomed the work done in 2013 by the OECD, the WTO, and the UNCTAD, and asked them to seek the views of governments and continue their research on the impact of GVCs, particularly in relation to the influence of GVCs on trade, economic growth, development, job creation and distribution of VALUE -added along GVCs.

GLOBAL VALUE CHAINS: CHALLENGES, OPPORTUNITIES, AND IMPLICATIONS FOR POLICY OECD, WTO and World Bank Group Report prepared for submission to the

  Code, Challenges, Global, Chain, Opportunities, Value, Global value chains