Future fragmentation processes
Subtitle: effectively engaging with the ascendancy of global value chains
By: edited by Jodie Keane and Roland Baimbill-Johnson
Publisher: Commonweath Secretariat; Commonwealth Secretariat
Published: 2017
Place of publication: London
Language: eng
Number of pages: 211
ISBN-13: 9781849291668
Subjects: Commerce; International trade; International economic relations; International division of labor
Description: Leveraging the power of trade to expand formal employment opportunities, general greater value addition, assist diversification processes and develop productive capabilities is an aspiration of all Commonwealth governments. These objectives were conveyed clearly at the Commonwealth Trade Ministers Meeting convened in March 2017. There are areas of mutual interest and where enhanced co-ordination between member countries could enhance trade gains. because the ability to transmit tacit knowledge through Commonwealth trade, finance and investment networks is inherent in the trade cost advantage shared by members - which exists without formal collaboration - it suggests the sharing of already known best practice could further enhance the gains from more concerted action. In order to engage effectively with contemporary trade, which manifests as global value chains (GVCs), it is incumbent on governments to better understand corporate strategies. In this publication, as well as taking stock of past performance, we reflect on potential dynamics and future fragmentation processes. The chapters collated in this publication provide for a more careful examination of the GVCs within which our members specialize across the spectrum of manufacturing, services, commodity trade,within the oceans economy. An inductive approach is adopted which involved learning from experiences across the Commonwealth of existing GVC participation, in view of our membership comprising a majority of small states, 45 oceans states and around one-fifth Least Developed Countries.
Notes: Includes bibliographical references.
Table of contents: title: Slowdown in Asia's global value chains and industrial latecomers  -- Ganeshan Wignaraja; title: Scale, distance, and remoteness in global value chains  -- Timothy J. Sturgeon, Thomas Farole, Leonardo Ortega Moncada and Carlo Pietrobelli; title: The changing landscape in commodity markets and trade and implications for development  -- Machiko Nissanke.; title: Effectively governing global value chains: the institutional interface  -- Jodie Keane; title: Modes of service delivery and upgrading in global value chains  -- Patrick Low; title: Global value chains, tax and trade: upgrading the position of small states  -- Lucas Rutherford; title: Commodity price volatility: an evolving principal-agent problem  -- John Struthers; title: How does participation in international value chains matter to African farmers?  -- Nora Dihel, Arti Grover Goswami, Claire Hollweg, Sohaib Shahid and Anja Slany; title: Global value-chain participation and development: the experience of Ghana's pineapple export sector  -- Nana A Asante-Poku; title: Emerging tiers of suppliers and implications for upgrading in the high-value agriculture supply chains  -- Jodie Keane; title: The global value chain in canned tuna, the international trade regime and implementation of sustainable development goal 14  -- Liam Campling; title: Clothing value chains and sub-Saharan Africa: global exports, regional dynamics and industrial development outcomes  -- Cornelia Staritz, Mike Morris and Leonhard Plank; title: The automotive GVC: policy implications for developing economies  -- Justin Barnes; title: Tourism, trade in services and global value chains  -- Keith Nurse, Sherry Stephenson and Amilin Mendez; title: Understanding shifts in trade in value added: the relative position of the Commonwealth Caribbean and Pacific  -- Jodie Keane and Roland Baimbill-Johnson; title: The end of industrial policy? Why a productive-sector policy agenda better meets the needs of sustainable income growth  -- Raphael Kaplinsky; title: Making global value chains work for development in the age of automation and globalisation scepticism  -- Daria Taglioni, Deborah Winkler and Jakob Engel; title: Delivering inclusive global value chains  -- Mohammad A Razzaque and Jodie Keane; title: Growth identification and facilitation framework: a pragmatic approach for promoting economic structural transformation -- Jiajun Xu.