Prospects of selected SMEs’ integration in global value chains: A synthesis of country studies on Bangladesh, Nepal and Sri Lanka

Most of the South Asian countries have significantly improved their economic growth rates, with five to six per cent average annual growth during the last decade of earlier century and first decade of this new millennium (ESCAP 2009c). South Asian countries, perhaps with the exception of Nepal, have improved their trade performance, particularly exports, and have been successful in integrating their economies in the regional and global markets. Growing intraregional trade and further enacting trade and investment liberalization measures, new prospects for cross-country industrial linkages within emerging international production networks are providing new impetus to establishment of regional value chains. Such regional value chains, as well as individual enterprises in selected South Asian countries, are also establishing networks in global value chains.

Related Subject(s): International Trade and Finance

Countries: Bangladesh ; Nepal ; Sri Lanka