The 2020 World Development Report explored how global value chains (GVCs) could drive development. Five years later, trade is being reshaped by geopolitical tensions, climate pressures, and technological shifts.

This event revisits the WDR’s insights and asks how GVC-based development can evolve in a more fragmented global economy.

 

Organizers

Penny Goldberg (Yale University), Erhan Artuc (Development Research Group), Daria Taglioni (Development Research Group). Questions about the event content may be addressed to wdr2020_anniversaryconference@worldbank.org.

Presenters of multi-author papers are underlined:

 

10:30 AM – 11:00 AM

Registration and coffee

11:00 AM – 11:10 AM

Welcome

Indermit Gill, World Bank Group Chief Economist and Senior Vice President for Development Economics

11:10 AM – 11:50 AM

Keynote Lecture: Trading for Development – Then and Now

Penny Goldberg, William Nordhaus Professor of Economics and Global Affairs and an Affiliate of the Economic Growth Center at Yale University

11:50 AM – 12:00 PM

Coffee Break

12:00 PM – 12:45 PM

Trade Disruption and the Organization of Supply Chains (link to paper)

Authors: Sebastian Heise, Justin Pierce, Georg Schaur, Peter Schott (Yale School of Management)

Discussant: Maggie Chen, George Washington University

12:45 PM – 1:30 PM

Trade and Industrial Policy in Supply Chains: Directed Technological Change in Rare Earths (link to paper)

Authors: Laura Alfaro, Harald Fadinger, Jan Schymik (University of Mannheim), Gede Virananda

Discussant: Carolyn Fischer, World Bank's Development Research Group

1:30 PM – 2:15 PM

Lunch Break

2:15 PM – 3:00 PM

Geopolitics and the World Trading Systems (link to paper)

Authors: Aaditya Mattoo (World Bank's East Asia and Pacific Region Chief Economist Office), Michele Ruta, Robert Staiger

Discussant: Chad Bown (Peterson Institute for International Economics)

3:00 PM – 3:45 PM

Nickel, Steel and Cars: Export Bans and Domestic Value in Indonesia

Authors: Hiau Looi Kee (World Bank's Development Research Group), Enze Xie

Discussant: Mary Hallward-Driemeier, World Bank’s Finance, Competitiveness & Innovation

3:45 PM – 4:00 PM

Coffee Break

4:00 PM – 5:30 PM

Panel: Looking Beyond WDR 2020

Moderator: Indermit Gill, World Bank Group Chief Economist and Senior Vice President for Development Economics

Panelists: Emily Blanchard (Tuck School of Business at Dartmouth College), Caroline Freund (University of California at San Diego), Anabel Gonzalez (Inter-American Development Bank), Robert Koopman (American University), Phil Levy (World Bank), Aaditya Mattoo (World Bank)