TF3 – Trade, Investment and Growth
MULTILATERAL COORDINATION AND EXCHANGE FOR SUSTAINABLE GLOBAL VALUE CHAINS
ABSTRACT
While participation in global value chains (GVCs) is widely associated with benefits for countries’ development and growth, its environmental and social costs become increasingly evident. Representing core buyer and supplier countries in GVCs, the G20 is particularly suited to tackle this global challenge. We recommend the G20 should become a key global forum for exchange and collaboration on this important challenge, setting in place effective processes to ensure multilateral coordination for sustainable GVCs in the G20 and beyond.
AUTHORS
Holger Görg
Kiel Institute for the World Economy
Jann Lay
German Institute for Global and Area Studies
Stefan Pahl
German Institute for Global and Area Studies
Adnan Seric
United Nations Industrial Development Organization (UNIDO)
Frauke Steglich
Kiel Institute for the World Economy
Liubov Yaroshenko
En Plus