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MIWI publications |
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 Trade Patterns and Global Value Chains in East Asia: from trade in goods to trade in tasks
> News
item
> Publication
details
> Order
printed copy
 Conference proceedings: “Globalization of
industrial production chains
and measurement of trade in value added”
> Download pdf
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Disclaimer
This site seeks to promote an informed debate on measuring trade in value added — a subject much debated in the statistical community. Documents posted on the forum are the sole responsibility of their authors. They have no legal effect on the rights and obligations of WTO members, nor do they imply any judgement on the part of the WTO Secretariat regarding the consistency of any policy with the provisions of the WTO agreements.
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News
Introduction
Today, companies divide their operations across
the world, from the design of the product and manufacturing of components
to assembly and marketing, creating international production chains. More and more products are “Made in the World” rather than “Made in the UK” or “Made in France”. The statistical bias created by attributing the full commercial value to the last country of origin can pervert the political debate on the origin of the imbalances and lead to misguided, and hence counter-productive, decisions. The challenge is to find the right statistical bridges between the different statistical frameworks and national accounting systems to ensure that international interactions resulting from globalization are properly reflected and to facilitate cross border dialogue between national decision makers. |
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Measuring Trade in Value-Added |
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A joint OECD-WTO initiative
The Organisation for Economic Cooperation and Development and the World Trade Organization
are working on a joint initiative to help policymakers, academics and the public at large better
understand trade in the 21st century.
OECD-WTO joint database
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