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National Competitiveness, Scalability of International Value Chains and Location of Production

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 National Competitiveness, Scalability of International Value Chains and Location of Production

 

Washington, DC, April 16-17, 2013

 

Compnet Research Network, European Central Bank and Eurosystem

Peterson Institute for International Economics

International Trade Department, World Bank 


CALL FOR PAPERS

Submission Deadline: December 15, 2012

 

Concept of the Conference

In the past two decades, GVC operations have grown substantially across the globe due to the increased supply of cheap labor, growing domestic markets in developing economies, and reductions in economic barriers to international trade flows, transportation costs and other trade costs. Recently, however, value chains have undergone dramatic changes as companies seek to improve performance in any and all aspects of their product life-cycles,  unlock untapped value, and grow in a sustainable manner.

As a result, the geographic splintering of production appears to be slowing down, and new important determinants of value chain location seem to be emerging, such as (i) the advantages of manufacturing proximity to demand; (ii) the increasing importance of integrated regional markets (North/Central America, the "European neighborhood", East Asia/China, etc); and (iii) the increasing competitiveness of the North  led by  productivity increases (e.g. the automation of many low-skilled activities) and more energy efficient production. The latter is driven by the so-called "digital energy revolution", which is making US energy costs among the lowest worldwide.

The conference will explore the domestic policy options for countries with different levels of income and economic endowment to attract investment and host segments of the value chains in the 21st century in a durable and profitable way.

 

*Return to this website for upcoming conference information, including agenda, documents, speaker information, and logistics*

 

www.worldbank.org/trade/gvc-conference

 




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