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Asia-Pacific Trade and Investment Report 2015

Supporting Participation in Value Chains

image of Asia-Pacific Trade and Investment Report 2015
Part I of this report assesses trends and developments in regional trade and investment flows and policies in an attempt to provide the insights and information necessary to separate the cyclical from the structural aspects. Part II analyses the participation of Asia-Pacific economies in global and regional value chains. By observing how economies at different levels of development have integrated into supply chains at different speeds and to varying extents, we can cast light on those policies that influence and shape value chain participation, and hence influence future patterns of trade and investment. The particular features of participation in value chains also have an impact on the ability of countries to access foreign technology and build innovative capacity, which in turn influences structural change and future development options.

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Policies for supporting participation in value chains

The changing dynamics in the global economy call for a renewed effort to enhance the prospects of trade-led growth. Looking ahead, in order to mitigate the consequences of considerable uncertainty as the global economy undergoes a series of adjustments, a more aggressive and holistic strategy is needed to regain at least the pre-crisis momentum in the region. This report finds plenty of untapped potential for the expansion of trade and investment growth through further production fragmentation and connectivity to value chains, both regional and global.

English

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