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A Capability-Based Assessment of GVC Competitiveness for the SACU Region

ACCOUNTING PRODUCTION LAGS STOCK INFORMATION TECHNOLOGY MINIMUM WAGE STRUCTURAL CHANGE FIXED CAPITAL FORMATION CAPABILITY VALUE CHAIN SUPPLIER PROPERTY RIGHTS STRATEGIES INFORMATION SERVICES EXPORTS DOMESTIC MARKET EXPORTERS MARKET SIZE ENTERPRISE SURVEYS VARIABLES CAPITAL STOCK INPUTS WEALTH INTERMEDIATE PRODUCTS MARKET ACCESS REGISTRY FACTOR ENDOWMENTS ECONOMIC OUTLOOK PREFERENTIAL ACCESS TRADE AGREEMENTS FINAL GOODS PRODUCTION PROCESS VALUE OF TRADE TRADE PATTERNS INSTITUTIONS GROSS EXPORTS PREFERENTIAL TRADE AGREEMENTS DATA INFLUENCE LABOR COSTS TRADE RESTRICTIONS DEVELOPMENT ECONOMICS EXPORT INTENSITY CONTRACT ENFORCEMENT CAPITAL FORMATION CUSTOMS PRODUCTS VALUE CHAINS PRODUCTIVITY INDUSTRIALIZATION GLOBALIZATION CAPITAL MARKET MARKETS NET EXPORTS WTO CONNECTIVITY LINKS ACCESS LABOR PRODUCT COUNTRY TARIFF AVERAGING DATABASES INVENTORY SUBSIDIES CAPABILITIES INDUSTRY TRADE EXPORT VALUE MANUFACTURING TECHNOLOGY CONSUMPTION GROSS FIXED CAPITAL FORMATION HUMAN CAPITAL VALUE ADDED ACCOUNTABILITY CAPITAL WAGES GLOBAL MARKET INTERNATIONAL TRADE RESULTS VALUE COMPETITIVENESS BANK CUSTOM NETWORKS EXPORT SHARES INVESTMENT TREATIES INTERMEDIATE GOODS INPUT-OUTPUT TABLES PROPERTY TARIFF BARRIERS REGIONALIZATION TRADE FACILITATION MEASUREMENT TRADE INTENSITY MARKET TRADE LIBERALIZATION SUPPLY CHAIN TIME ZONE GOVERNANCE MULTINATIONAL FIRMS RESULT TRADE DATA TRADE ECONOMIC INTEGRATION ICT GDP GOODS THEORY GLOBAL TRADE GROWTH RATE BUSINESS NETWORK NATURAL RESOURCE COMPARATIVE ADVANTAGE PREFERENTIAL TRADE GLOBAL INTEGRATION PERFORMANCE TARIFF BUSINESS ENVIRONMENT SUPPLY INSTITUTION WORLD TRADE COMMODITIES DATABASE APPAREL PROFITS GOVERNMENTS IMPORT VALUE TARGET USES DEVELOPMENT POLICY
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World Bank, Washington, DC
Africa | Southern Africa
2016-03-02T19:23:28Z | 2016-03-02T19:23:28Z | 2015-02-20

The emergence of global value chains (GVCs) and their rapid expansion over the past two decades has transformed the global trade environment. GVCs involve task-based trade across multiple stages of the production process that take place across a number of different countries, in which multiple inputs and exports of intermediate goods and services are necessary to produce a final good, which may also be exported. GVC-oriented trade is seen to offer significant opportunities for developing countries, especially smaller ones, to benefit from global integration by changing the nature of competitiveness. With competition for GVC investment taking place in a truly global market, factor competitiveness relative to other countries matters a lot. In this context, the purpose of this note is to shed some light for policymakers, in this case specifically in the Southern African Customs Union (SACU) countries, on where to focus efforts to drive competitiveness for GVC participation. This is a data-intensive exercise that requires indicators to represent underlying capabilities, disaggregated international trade data, and finally, a classification of which products are likely to be trade within GVCs.

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