Modes of Service Delivery and Global Value Chain Participation
Synopsis
There is growing recognition of the vital role played by services in economic growth and development, both as separate sources of value and in conjunction with production, trade and consumption linked to manufacturing and commodities. Trade and foreign direct investment enables economies to specialise in a variety of services activities on the basis of comparative advantage. This issue of Commonwealth Trade Hot Topics delves more deeply into the key role of services in economic activity, particularly in the context of global value chains (GVCs).
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Published
23 September 2016
Online ISSN
2071-9914