World Development Report 2020 : Trading for Development in the Age of Global Value Chains

Cover -- Title -- Copyright -- Contents -- Foreword -- Preface -- Acknowledgments -- Abbreviations -- Part I: Overview -- Overview -- The expansion of GVCs could stall unless policy predictability is restored -- GVCs boost incomes, create better jobs, and reduce poverty -- The gains from GVCs are not equally shared, and GVCs can hurt the environment -- New technologies on balance promote trade and GVCs -- National policies can boost GVC participation -- Other policies can help ensure GVC benefits are shared and sustainable -- International cooperation supports beneficial GVC participation -- Notes -- References -- Part II: Global value chains: What are they? -- Chapter 1: The new face of trade -- What is a global value chain? -- The evolution of GVC participation -- How are GVCs distributed across regions? -- Which countries have accounted for most of the GVC expansion? -- How are GVCs distributed across sectors? -- A few large trading firms account for most GVC trade -- Notes -- References -- Chapter 2: Drivers of participation -- Factor endowments matter -- Market size matters -- Geography matters -- Institutional quality matters -- Transitioning up the GVC typology -- Notes -- References -- Part III: What are the effects of GVCs? -- Chapter 3: Consequences for development -- Economic growth -- Employment -- Poverty and shared prosperity -- Distribution of gains -- The gender gap -- Taxation -- Notes -- References -- Chapter 4: Macroeconomic implications -- Synchronizing economic activity -- Propagating shocks -- Synchronizing inflation -- Reducing the effect of devaluations -- Mitigating trade diversion and increasing trade -- The return of protectionism -- Notes -- References -- Chapter 5: Impact on the environment -- Scale effects of trade and growth -- Changes in the composition of production -- Relational GVCs and production techniques.