Future Fragmentation Processes: Effectively Engaging with the Ascendancy of Global Value Chains
Synopsis
Leveraging the power of trade to expand formal employment opportunities, generate 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.
Chapters
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Foreword
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Preface
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Abbreviations and acronyms
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Slowdown in Asia's Global Value Chains and Industrial Latecomers
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Scale, Distance, and Remoteness in Global Value Chains
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The Changing Landscape in Commodity Markets and Trade and Implications for Development
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Effectively Governing Global Value Chains: The Institutional Interface
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Modes of Service Delivery and Upgrading in Global Value Chains
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Global Value Chains, Tax and Trade: Upgrading the Position of Small States
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Commodity Price Volatility: An Evolving Principal–Agent Problem
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How Does Participation in International Value Chains Matter to African Farmers?
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Global Value-Chain Participation and Development: The Experience of Ghana's Pineapple Export Sector
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Emerging Tiers of Suppliers and Implications for Upgrading in the High-Value Agriculture Supply Chains
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The Global Value Chain in Canned Tuna, the International Trade Regime and Implementation of Sustainable Development Goal 14
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Clothing Value Chains and Sub-Saharan Africa: Global Exports, Regional Dynamics and Industrial Development Outcomes
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The Automotive GVC: Policy Implications for Developing Economies
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Tourism, Trade in Services and Global Value Chains
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Understanding Shifts in Trade in Value Added: The Relative Position of the Commonwealth Caribbean and Pacific
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The End of Industrial Policy? Why a Productive-Sector Policy Agenda Better Meets the Needs of Sustainable Income Growth
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Making Global Value Chains Work for Development in the Age of Automation and Globalisation Scepticism
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Delivering Inclusive Global Value Chains
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Growth Identification and Facilitation Framework: A pragmatic Approach for Promoting Economic Structural Transformation
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