End of an Era? Global Value Chains, Trade and Development

Global value chains powered an economic revolution over the past three decades: growth accelerated, incomes rose, and poverty rates plunged. Today, almost 50% of global trade involves GVCs, but rising trade tensions and uncertainties over market access threaten their future. What does this mean for developing countries? How can the international community foster better cooperation? Drawing on the World Development Report 2020 Trading for Development in the Age of Global Value Chains, this event explores how countries can link to GVCs and continue to grow in an inclusive and sustainable manner