This report examines the transition of Turkish firms to align with circular economy (CE) principles, highlighting both immediate needs and the longer-term opportunities from engaging in a transition agenda. The report stresses that the changing landscape toward the CE in the European Union (EU)...

Purpose - This paper investigates the crucial role that the trade of intermediate goods plays in elucidating trade-output synchronization. We specifically highlight the significance of incorporating intermediate trade, particularly concerning the dominance of forward linkages in the global value...

In light of recent pronouncements of tariff hikes in the United States (US) and the retaliatory responses of major economies such as China, Canada, and Mexico, this paper revisits the global value chains (GVC) experience of the Philippines amid the trade tensions between China and the US from...

Efficient institutions matter in promoting Global Value Chains (GVCs) participation since they help reduce transaction costs for firms that engage in trade. Competition policy is considered an important dimension of these institutions. This paper investigates whether competition policy matters...

Despite the expansion of global value chains (GVCs) over the last three decades, African countries trail the other developing regions in terms of GVC integration. Yet, the drivers of African countries' GVC participation are not well understood compared to developed countries. The current paper...