Global Value Chains (GVC's) WDR 2020

  

Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Since the 2008 global financial crisis, however, the growth of trade has been sluggish and the expansion of GVCs has stalled. Meanwhile, serious threats have emerged to the model of trade-led growth. New technologies could draw production closer to the consumer and reduce the demand for labor. Conflicts among large countries could lead to a retrenchment or a segmentation of GVCs. Trading for Development in the Age of Global Value Chains examines whether there is still a path to development through GVCs and trade. It concludes that technological change is at this stage more a boon than a curse. This module on GVC uses the data produced as part of the The World Development Report (WDR) 2020 exercise and subsequent updates and presents the data in charts and tables to enable users to explore the data and derive meaningful results of the data.

This module on GVC uses the data produced as part of the The World Development Report (WDR) 2020 exercise and and subsequent refinements.The charts and tables presented enable users to explore the data and derive meaningful results. All the measures are computed by a team of The World Bank, and Bank of Italy researchers. These data are computed following the methodology discussed in Borin, Alessandro; Mancini Michele; Taglioni Daria (2021) “Countries and Sectors in GVCs”, World Bank Policy Research Working Paper no. 9785. Annex B of this paper illustrates how to retrieve the full set of GVC data from WITS and interpret them. These and other measures of GVC participation and trade in value added can be computed by using any input-output table though the Stata command icio.”

Data has been provisioned from multiple data sources. These are

There are two data concepts used. They are GVC Trade and GVC Output. GVC Trade contains measures related to international trade. The unit of observation are exporting and importing country, sector, year and source. GVC Ouptut contains measures related to gross output of each country. The unit of observation is Country, Sector, Year and Source. Please note all trade numbers are in millions of US Dollar.
Know more about the data in Annex B of Borin, Mancini and Taglioni (2021) “Countries and Sectors in GVCs”, World Bank Policy Research Working Paper no. 9785.
Browse GVC Data Visualization .