Global Value Chain Development Report 2025: Rewiring GVCs in a changing global economy / World Trade Organization

Format:

Book

Government document

Author/Creator:

World Trade Organization, author.

Contributor:

SourceOECD (Online service)

Language:

English

Subjects (All):

Economic research and trade policy analysis.

Physical Description:

1 online resource (422 pages)

Place of Publication:

WTO, 2025.

System Details:

data file

Summary:

The Global Value Chain Development Report 2025, the fifth in this biennial series, looks at how global value chains (GVCs) are being rewired by technological change, the green transition and shifting geopolitical conditions. With the focus of policy-makers and business moving from efficiency gains to resilience, the report examines how production, trade and investment are reconfiguring across regions and what this implies for productivity and inclusive development. The report provides an overview of recent trends in GVCs and documents the emergence of new regional hubs and firm networks. Special attention is given to changing patterns of GVC participation in Latin America, the Caribbean and Africa to explore how these regions may grasp the opportunities the ongoing shifts provide. The report also analyses how digitalization and services are reshaping value creation and pays particular attention to the reorganization of automobile and electric vehicle supply chains. The report concludes by illustrating how recent transformations are leading to novel governance approaches, including industrial policies and targeted trade deals that address border issues such as carbon mitigation, critical minerals supply, and digital trade. Co-published by the University of International Business and Economics, Asian Development Bank, Institute of Developing Economies-Japan External Trade Organization, World Economic Forum and the WTO in 2025.

ISBN:

9789287085641

Access Restriction:

Restricted for use by site license.