Series: IMF Working Papers
Author(s): Faezeh Raei , Anna Ignatenko , and Borislava Mircheva
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 18 January 2019
Keywords: Economic integration, Trade, global value chains, gains from trade, Country and Industry Studies of Trade
Over the last two decades, world trade and production have become increasingly organized around global value chains (GVC). Recent theoretical work has shown that countries can benefit from participation in GVCs thr...