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SACU in Global Value Chains : Measuring GVC Integration, Position, and Performance of Botswana, Lesotho, Namibia, South Africa, and Swaziland

TRADE VOLUMES AUTOMOBILE CURRENCY APPRECIATION WORLD TRADE ORGANIZATION PRODUCTION LAGS AUTOMOTIVE INDUSTRY REGIONAL TRADE AGREEMENTS EXPORT SECTORS FOREIGN INVESTORS GLOBAL MARKETS STRUCTURAL CHANGE VEHICLES DOMESTIC INDUSTRIES FARES GDP PER CAPITA IMPACT OF TRADE EXPORTS TREND EMISSIONS TRADE FLOWS POLITICAL ECONOMY EXPORTERS ECONOMIC STRUCTURE WELFARE OPTIMIZATION INCENTIVES ECONOMIC POLICY TRADE OPENNESS CARRIERS INPUTS TRADE PERFORMANCE WEALTH TRANSPORT SERVICES SURPLUS LABOR TRENDS ECONOMIC OUTLOOK DRIVERS TRADE AGREEMENTS FINAL GOODS INPUT- OUTPUT TABLES DEVELOPMENT VEHICLE GROSS EXPORTS EXOGENOUS SHOCKS COSTS CURRENCY TRAINING EXPORT GROWTH TELECOMMUNICATIONS TRADE INTEGRATION TRANSPORT DOMESTIC PRODUCERS REGIONAL TRADE ECONOMIC COOPERATION DEVELOPMENT STRATEGIES APPAREL MANUFACTURING SPECIALIZATION APPAREL SECTOR MARKETS WTO METAL PRODUCTS TRUE OPEN ECONOMY ACCESS TRADE POLICY APPAREL EXPORTS TRANSPORT EQUIPMENT NATURAL RESOURCES GROSS DOMESTIC PRODUCT FUELS SUBSIDIES TRADE POLICIES ECONOMIC RESEARCH INFRASTRUCTURE TAXES EXPORT VALUE AUTOMOBILES TRADE MORE INDUSTRIAL POLICIES PRODUCTIVITY GROWTH CONSUMPTION DRIVING VALUE ADDED WAGES POLICIES INTERNATIONAL TRADE TRANSPARENCY TRADE COSTS VALUE DEMAND SHOCKS COMPETITIVENESS APPAREL INDUSTRIES TRAINS COMPARATIVE ADVANTAGES MOTOR VEHICLE NATIONAL INCOME GLOBAL TRADE ANALYSIS INVESTMENT TREATIES INTERMEDIATE GOODS AGRICULTURE CONSUMERS MOTOR VEHICLES INPUT-OUTPUT TABLES PRICE FLUCTUATIONS TARIFF BARRIERS MEASUREMENT OPENNESS GROSS OUTPUT DYNAMIC ANALYSIS ECONOMIC COMPETITIVENESS TERMS OF TRADE ECONOMIC SYSTEMS CAPITAL GOODS CROSSING TRADE DATA MACROECONOMIC SHOCKS AGRICULTURAL PRODUCTS TRADE GDP TRADE PARTNERS GOODS TRADE FLOW DATA THEORY AGGREGATE TRADE GLOBAL TRADE MARKET SHARE TECHNOLOGY TRANSFER COMPARATIVE ANALYSIS GROWTH RATE BILATERAL TRADE VERTICAL SPECIALIZATION INVESTMENT COMPARATIVE ADVANTAGE TARIFF COMPETITIVE ADVANTAGE SUPPLY FUEL TRAILS TRADE PARTNER INVESTMENTS PATTERNS OF TRADE WORLD TRADE BILATERAL TRADE DATA HEAVY RELIANCE TOTAL OUTPUT PETROLEUM PRODUCTS INTERMEDIATE INPUTS TRANSPORT COSTS APPAREL LABOR MARKETS OUTCOMES OPEN ECONOMIES GROWTH POTENTIAL MANUFACTURING LABOR FORCE AUTO INDUSTRY
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World Bank, Washington, DC
Africa | Southern Africa | Botswana | Lesotho | Namibia | South Africa | Swaziland | Eswatini
2016-03-01T20:24:08Z | 2016-03-01T20:24:08Z | 2016-01

Once concentrated among a few large economies, global flows of goods, services, and capital now reach an ever larger number of economies worldwide. Global trade in goods and services increased 10 times between 1980 and 2011, while FDI flows increased almost 30-fold. The sales from foreign-owned firms amount to $26 trillion. As many as 3,000 bilateral investment treaties have been signed to create the framework of deep agreements needed not only to facilitate the global movement of final goods and services but also to internationalize entire processes of production. All these flows have grown over time, creating increasingly dense and complex networks. This note is intended provide an overview of SACU countries’ participation and performance in GVCs, drawing on several data sources and indicators, and most importantly the recently released 189-country Eora multi-region-input-output (MRIO) database (Lenzen et al. 2012, 2013). Following this introduction, the note is structured in five additional sections. Section two discusses in greater detail the scope of the report, including the data sources and methodological approaches, as well as their respective limitations. Section three looks at structural integration in trade, including the degree to which SACU countries import and export intermediates. Section four analyzes trends in value-added exports as a first step in exploring GVC participation. Section five hones in on the core measures of GVC participation and a brief analysis of SACU countries’ position in GVCs. Finally, section six concludes by bringing together the main findings from the analysis.

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