Global Value Chains and development

The rapid spread of #gvcs has revolutionised the manufacture and supply of … everything. We can point to trade statistics to show that. But what aspects of the relationship between producers and buyers aren’t captured in these statistics? Long-time observers of GVCs Julia Cajal Grossi and Rocco Macchiavello explain to Tim Phillips how supply chains really work, and outline key takeaways for policymakers in low- and middle-income countries.

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