OECD Science, Technology and Industry Policy Papers

The future of global value chains: Business as usual or “a new normal”?

http://dx.doi.org/10.1787/d8da8760-en

The rapid growth of global value chains (GVCs) has been an important driver of globalisation during the past decades. But the international fragmentation of production appears to have lost momentum and GVCs seem to have stalled in recent years. The world economy is facing a number of structural...



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