Fostering the sustainability of Global Value Chains (GVCs)

published on G20 Insights March 28, 2017

Volltext/Document

The world economy is increasingly embedded in Global Value Chains (GVCs). Meanwhile, although the rising significance of GVCs increases the importance of removing both export and import restrictions, the willingness of nations to cooperate in that regard is at an ebb, noticeably regarding Deep Preferential Trade Arrangements (PTAs), something which needs to be addressed by policy-making. Our main proposals are to (i) measure and set targets for the manifold contribution of GVCs to the global economy, (ii) commit to standards for the mitigation of economic disruption and sudden change, and (iii) set up a Global Pact for Sustainable Trade that sets a social and environmental agenda for the three other policy proposals, underlining the significance of the globally agreed 2030 Agenda for Sustainable Development.

About the authors

Berger, Axel

Political Science

Blankenbach, Johannes

Political Scientist

Brandi, Clara

Economy and Political Science

Further experts

Aleksandrova, Mariya

Climate risk governance 

Dippel, Beatrice

Comparatist 

Donnelly, Aiveen

Politcal Science 

Ekoh, Susan S.

Environmental Research 

Fuhrmann-Riebel, Hanna

Economy 

Gitt, Florian

Economics 

Goedeking, Nicholas

Comparative Political Economy 

Kativu, Saymore Ngonidzashe

Geography 

Lehmann, Ina

Political Science 

Malerba, Daniele

Economy 

Mathis, Okka Lou

Political Scientist 

Never, Babette

Political Scientist 

Olekseyuk, Zoryana

Economy 

Pegels, Anna

Economist 

Rodríguez de Francisco, Jean Carlo

Ecological economy 

Srigiri, Srinivasa Reddy

Agricultural Economist 

Stender, Frederik

Economist 

Vogel, Tim

Economy