Commonwealth Trade Hot Topics

The Trade Hot Topics series provides concise and informative analyses of various trade and trade-related issues which are prepared both by Commonwealth Secretariat and international experts.


Trade, Connectivity and Global Value Chains

An Asia-Pacific Perspective

This issue of the Commonwealth Trade Hot Topics provides a brief overview of some of these linkages between trade, connectivity and GVCs. It analyses how the Commonwealth is positioned in GVCs and the major shifts over time, with a specific focus on the Asia-Pacific region. It then examines the Commonwealth's performance in two critical areas for deepening participation in world trade, as well as GVCs – namely, maritime transport and logistics, and digital connectivity. Attention is also given to the possible contribution of mega-connectivity projects like the China-led Belt and Road Initiative (BRI) and the Asia–Africa Growth Corridor.


Keywords: digital connectivity, global value chains, maritime transport
JEL: O14: Economic Development, Innovation, Technological Change, and Growth / Economic Development / Industrialization; Manufacturing and Service Industries; Choice of Technology; R11: Urban, Rural, Regional, Real Estate, and Transportation Economics / General Regional Economics / Regional Economic Activity: Growth, Development, Environmental Issues, and Changes; F1: International Economics / Trade
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