The emergence of global value chains (GVCs) in recent years has underlined the increasing reliance of manufacturing industries on services. Manufacturing firms have intensively used service inputs, performed in-house services activities, and sold services embedded in, or bundled with goods....

Based on a combination of quantitative analysis and a qualitative forward-looking approach, this paper assesses both the state of play and the future capacity of the EMU to respond and adapt to asymmetric shocks. The objective is to provide a basis upon which to gauge the potential value added...

This paper is a paper in a series of work on Global Value Chains (GVCs), developed under the auspices of the Joint Research Centre (JRC) of the European Commission. It builds upon the theoretical discussion presented in the first two papers and offers a new methodological approach for mapping...

Dynamic Asia has overtaken the European Union as Latin America and the Caribbean’s second largest export market, after the United States. However, the region’s exports to Asia remain concentrated in few commodities involving a small number of large firms. This book explores the present and...

Scant empirical evidence is available on how the Latin American and Caribbean region participates in global value chains (GVCs) and what drives this process. Frequent questions in this connection are: How has the spread of information and communications technologies and free trade agreements...