GLOBAL VALUE CHAIN DEVELOPMENT REPORT 2017
MEASURING AND
ANALYZING THE
IMPACT OF GVCs
ON ECONOMIC
DEVELOPMENT
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iii
Foreword by Michael Spence
T
he global economy is evolving rapidly. It presents a
complex and ever-changing picture. And it is impor-
tant. The trends, opportunities, and challenges affect
the lives of every person on the planet. But the forces
at work and the results for trade, the structure of economies and
employment, incomes, and human capital values have been and
still are at best incompletely understood.
There is a growing body of research on the impacts of glo-
balization and digital technology on individual economies. And
there has been a huge and productive
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