Join us next week on 24 November at 16:00 with Daria Taglioni for the next event in our WIDER Webinar Series.

Full details on the event page: https://www.wider.unu.edu/node/237879

International trade and supply chains: what can we tell about their recovery post COVID-19

The growth of international trade and the expansion of Global Value Chains (GVCs) over the last 30 years have had remarkable effects on development. Incomes have risen, productivity has gone up, and poverty has fallen. The fragmentation of production and knowledge transfer inherent in GVCs are in no small part responsible for these advances. Hyperspecialization by firms at different stages of production enhances productivity and efficiency, and durable firm-to-firm relationships foster technological transfer and access to capital and inputs along value chains.

At this moment however there is reason to worry that this trade-led path to development is under threat. Since 2008 trade and GVC growth have languished. COVID-19 has brought further concerns. Many governments now worry about the robustness and resilience of GVCs. This seminar will discuss emerging evidence on new patterns of international trade and global value chains, current policy challenges, and implications for development.

Selim Raihan joins as discussant to provide insights on how COVID-19 has affected international trade in South Asia and the potential impacts on the region's place in global value chains in the future.

Register here

For more details please contact toppari@wider.unu.edu

Ruby Richardson Communications Assistant United Nations University World Institute for Development Economics Research Phone +358 (0)9 615 99257  Email richardson@wider.unu.edu Web wider.unu.edu Katajanokanlaituri 6 B, FI-00160 Helsinki, Finland