Articles for Value Chains

India should reconsider its rejection of the RCEP trade bloc
1 month, 1 week ago

India should reconsider its rejection of the RCEP trade bloc

Live Mint  

Five years ago, on a November morning in Bangkok, just on the verge of signing the Regional Comprehensive Economic Partnership agreement, India abruptly walked out of it. India’s RCEP participation should be based on a broad set of metrics—not merely the trade deficit, but also investment inflows, employment creation and participation in new regional value chains. A 2022 assessment by …

India China Trade World Value Chains Value Rcep
Hard and soft connections
8 months, 3 weeks ago

Hard and soft connections

China Daily  

SONG CHEN/CHINA DAILY China should continue to develop cross-border economic corridors, advance the institutional development of the BRI and improve the all-around support systems Over the past decade, China's economic growth pattern has changed profoundly, from pursuing sheer quantity to balancing quantity and quality. To deliver on this goal, building cross-border economic corridors and the Belt and Road Initiative cooperation …

China Trade Investment Economic Cooperation Risk China Daily
Globalization not reversed
9 months, 3 weeks ago

Globalization not reversed

China Daily  

TONG JIAHANG/FOR CHINA DAILY The resilience from developing countries' opening-up has become a critical force for resisting rather than driving the anti-globalization movement by some developed nations Since the turn of the century, rising globalization and inequality have fueled anti-globalization sentiments. To start with, participating in global value chains has reduced developing countries' domestic income inequality. Global value chain participation …

Global Trade Globalization Value Chains Income Developing Countries Income Inequality
G20 trade ministers agree to map global value chains, integrate small firms; discord over Ukraine deters communique
1 year, 3 months ago

G20 trade ministers agree to map global value chains, integrate small firms; discord over Ukraine deters communique

The Hindu  

Trade and Investment Ministers of G20 nations, which together generate 75% of the world’s trade flows, agreed on Friday to map global value chains, integrate small businesses with them and ease trade documentation. Commerce and Industry Minister Piyush Goyal, speaking after the conclusion of the two-day G20 Trade and Investment Ministerial Meeting, said the outcomes agreed upon were not only …

India Trade G20 Minister Goyal Wto Global Value Chains
It's important to de-risk global economy in era of volatility and uncertainty: Jaishankar
1 year, 7 months ago

It's important to de-risk global economy in era of volatility and uncertainty: Jaishankar

The Hindu  

In the era of volatility and uncertainty, it's important to de-risk the global economy and yet to ensure that there is very responsible growth, External Affairs Minister S. Jaishankar has said. The meeting, co-chaired on the Indian side by Mr. Jaishankar, Commerce and Industry Minister Piyush Goyal and Communications, Electronics and IT Minister Rajeev Chandrasekhar, covered key focus areas of …

Global India Economy Indian Strategic Meeting Jaishankar
Explained | Why making agri commodity value chains sustainable is a tough task
1 year, 7 months ago

Explained | Why making agri commodity value chains sustainable is a tough task

The Hindu  

India has a long history of producing agricultural commodities, and has been a hub for the global spices, tea, and coffee trade for several centuries. India, as one of the anchors of global agricultural commodity trade both as major consumer and producer, needs to expand this understanding to include commodities that are actively imported, such as oilseeds; whose production is …

India Sustainability Environmental Commodity Production Chains Commodities
Bringing MSMEs into inclusive and sustainable global value chains
2 years, 5 months ago

Bringing MSMEs into inclusive and sustainable global value chains

The Hindu  

Though the growth and achievements of large businesses in India have received much attention, micro, small and medium enterprises actually account for over 99% of businesses. Agencies such as the United Nations Industrial Development Organization, International Labour Organization, United Nations Development Programme, UN Women, IFAD and others are working with MSMEs as they navigate a rapidly changing post-pandemic economic landscape …

Global India Energy Efficiency Government Initiatives World Sustainable Development Manufacturing
COVID Pandemic Has Disrupted Global Value Chains, India Must Reorient Its Trade Policy
3 years, 7 months ago

COVID Pandemic Has Disrupted Global Value Chains, India Must Reorient Its Trade Policy

News 18  

The COVID-19 pandemic has exposed existing vulnerabilities associated with international trade, especially for developing countries that are heavily linked into existing global value chains. Diversification has also occurred in terms of destination markets, with the total share of India’s leading export markets declining from 50 per cent in 2010-11 to 45.5 per cent in 2018-19. However, resource-based exports and low-tech …

Global India Policy China Trade Pandemic Indian
Little value from global chains
3 years, 11 months ago

Little value from global chains

The Hindu  

O N December 12, in an outburst of suppressed anger, workers employed at a factory assembling iPhones in Narasapura near Bengaluru ransacked its premises and damaged parked vehicles. But the incident highlights certain characteristics of global production value chains and their implications for policies that attempt to expand domestic manufacturing by inserting India into segments of those chains. The low …

Global India China Labour Manufacturing Workers Production