MADE IN THE WORLD
Revisiting Trade in a Globalized World — Global Value Chains and their Impact
An international workshop on “Revisiting Trade in a Globalized World” was held in Chengdu, China, in October 2011. Following addresses by keynote speakers, the workshop focused on an analysis of global value chains in relation to China. This was followed by a presentation of how trade can be “measured” in value added in order to provide policy makers and trade analysts with better statistics. The workshop ended with an analysis of the implications for trade policy and employment.
Background
Asia has developed into a manufacturing hub — often referred to as “Factory Asia”. Today, some 80 per cent of Asia’s exports are manufacturing products, e.g. electronics. Global value chains contributed to this development. Nowadays, a large part of manufactured products consumed all over the world is produced within international supply chains. Companies specialize in specific tasks (trade in tasks) and more and more products are composed of parts and components of various geographical origins. The label on the back of such products should be “Made in the World” rather than “Made in a specific country”.
October 2011
Session One |
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15.00 -15.05 |
Opening of the Seminar |
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15.05 -15.20 | Keynote Speech > Speech |
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15.20 -15.35 |
Remarks |
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15.35 -15.50 |
Remarks |
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Session Two | Global Value Chains — the Asian Experience, Measurement, and Impact on Employment and Income |
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16.00 -16.20 | “What is behind ‘Made in China’?” Evidence from China's Processing Trade Regime |
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16.20 -16.40 | Trade in Value Added — Methodologies and Experiences |
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16.40 -17.00 | Global Value Chains — Implications for Trade Policy and Employment |
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Session Three | Forum Discussion and Q&A |
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17.15 -18.00 | Moderator: Mr Patrick Low |
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18.00 | Conclusions |
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