The Role of Value Added in the Assessment of National Trade Performances

Georgeta Ilie

Knowledge Horizons - Economics, 2013, vol. 5, issue Special 1, 61-65

Abstract: The enhancement of global value chains has major advantages, such as: the growth of investment and jobs, the new trade opportunities and keeping away from exclusion, the increase of efficiency of trade or the improvement the position of some developed countries. But, the assigning the entire commercial value to the final country of processing can distort the origin of the products and lead to wrong decisions. This paper examines the international cooperation for identifying the key features of global value chains, and the role of statistics in resolving the problems generated by global value chains.

Keywords: Global value chains; made in the world; international trade; value added; WTO (search for similar items in EconPapers)
JEL-codes: F13 F23 (search for similar items in EconPapers)
Date: 2013
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