Do global value chains create jobs?

Thomas Farole

World of Labour, 2016, No 291, 291

Abstract: Global value chains (GVCs) describe the cross-national activities and inputs required to bring a product or service to the market. While they can boost exports and productivity, the resulting labor market impacts vary significantly across developing countries. Some experience large-scale manufacturing employment, while others see a shift in demand for labor from manufacturing to services, and from lower to higher skills. Several factors shape the way in which a country’s labor market will be impacted by GVC integration, including the type of sector, lead firms’ strategies, domestic skills base, and the institutional environment.

Keywords: global value chains; GVCs; trade and investment; jobs; developing countries (search for similar items in EconPapers)
JEL-codes: F6 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (29)

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