Global value chains (GVCs) powered an economic revolution over the past three decades: growth accelerated, incomes rose, and poverty rates plunged. Almost 50% of global trade involves GVCs, but rising trade tensions and uncertainties over market access threaten their future.
Penny Goldberg, World Bank Group Chief Economist together with Arturo Herrera Gutierrez, Mexico’s Finance Minister, and Ville Skinnari, Finland’s Minister for Development Cooperation and Foreign Trade, discuss how countries can use GVCs to grow in an inclusive and sustainable manner. Goldberg also summarizes the latest World Development Report, Trading for Development in the Age of Global Value Chains while the two ministers reflect on experiences of their countries.
Panelists reflect on the need to continue a rules-based trade system as well as stable trade agreements. They also discuss how to address inequality, gender equality and climate change within GVCs context.
About Open Learning Campus
All registered users of OLC can experience its impact of new features. If you are already registered with OLC you can directly sign in to the new system. If you are a new user then do register to avail of the dynamic learning opportunities from WBG to deepen your knowledge and skills on a variety of development related topics. For example, you will have access to timely resources such as:
- Ted like video talks
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- Formal learnings (i.e., Self-paced courses/Facilitated Courses/MOOCs)
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- Communities of Practice
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Course Details
- Language: English
- Mode: Journey