Economic, technological, and political shifts as well as changing business strategies have driven firms to unbundle production processes and disperse them across countries. Thanks to these changes, developing countries can now increase their participation in global value chains (GVCs) and thus...

Cover -- Half Title -- Title -- Copyright -- Contents -- Foreword -- Preface -- Acknowledgments -- About the Authors -- Abbreviations -- Overview Making GVCs Work for Development -- Introduction -- Part I: Why GVCs Require Fresh Thinking -- Part II: Quantifying a Country's Position in GVCs --...

The article considers the theoretical and methodological approaches to global value chains when measuring international trade. Global trends in the modern development of international trade are analysed, and the main challenges of international trade policy for Ukraine are characterised. It is...

We show that traditional gravity variables play a significant role in explaining trade flows related to global value chain participation. We find evidence that cooperation costs - measured by linguistic and geographical proximity - are more relevant for trade that reflects cross-border...