Transforming World Trade: Global Value Chains and Development

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Transforming World Trade: Global Value Chains and Development

Date: Friday, October 10, 2014
Time: 4 p.m. - 5:00 p.m. ET (20:00 -– 21:30 GMT or convert time)
Location: Online

Jamie Lee / World Bank Group

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This panel discussion will explore the emerging importance of global value chains (GVCs) in global trade and the implications of that rise for low-income countries. No longer is trade as simple as manufacturing a product in one country and selling it to another. Today, goods often cross many borders, accruing components and requiring complex interactions.

The place of GVCs in local economies is also not simple: the skills required and wages offered mean that they may not benefit the poor. Panelists will discuss these issues from the perspective of multilateral organizations, the private sector, and individual, developing-country governments.

Recommended Reading (pdf)

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President, World Bank Group
Senior Director, Trade & Competitiveness, World Bank Group
Vice Chairman, General Electric Company
Director-General, World Trade Organization
Minister of Finance and Public Credit, Republic of Colombia