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Rights and Permissions The material in this work is subject to copyright. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of the co-publishing partners concerning the legal status of any territory or the endorsement or acceptance of such boundaries. The co-publishing partners do not guarantee the accuracy of the data included in this work. The findings, interpretations, and conclusions expressed in this work are those of the authors and do not necessarily reflect the views of the co-publishing partners, their Boards of Executive Directors, or the governments they represent. © 2017 International Bank for Reconstruction and Development/The World Bank 1818 H Street NW Washington DC 20433 Telephone: 202–473–1000 Internet: This work is a product of the World Bank Group, the Institute of Developing Economies, the Organisation for Economic Co-operation and Development, the Research Center of Global Value Chains headquartered at the University of International Business and Economics, and the World Trade Organization and is based on joint research efforts to better understand the ongoing development and evolution of global value chains and their implications for economic development. G L O B A L VA L U E C H A I N D E V E L O P M E N T R E P O R T 2 0 17 MEASURING AND ANALYZING THE IMPACT OF GVCs ON ECONOMIC DEVELOPMENT Its main objective is to reveal the changing nature of DEVELOPMENT international trade that can be seen only by analyzing it in terms of value added and value chains.

This first Global Value Chain Development Report draws on the expanding research that uses data on the value added in trade. Data are now available on the value added traded among major IMPACT OF GVCs ON ECONOMIC economies during 1995–2014.

The GVC phenomenon also demands that MEASURING AND researchers analyze the discrete tasks or phases in the production ANALYZING THE process. The importance of the global value chain (GVC) phenomenon has MEASURING AND ANALYZING THE IMPACT OF GVCS ON ECONOMIC DEVELOPMENT G L O B A L VA L U E C H A I N D E V E L O P M E N T R E P O R T 2 0 17 stimulated researchers to develop statistics and analysis based on the value added in trade.

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