The policy debate in this era of globalisation is concerned with the need to enhance inclusive and sustainable growth. This is particularly important in the context of global value chains (GVCs) driving the dispersion of production on a global scale. This paper represents the inaugural component of a new research and publication series on GVCs conducted by ICTSD. It offers a framework to generate policy-relevant data intended to support the maximum achievement of the Sustainable Development Goals (SDGs) in value-chain-led economic growth. The paper outlines the key dynamics driving GVCs and discusses the processes involved in enhancing the distribution of gains. It also explores the linkages between value chains dynamics and these SDGs. The paper in the same series authored by ICTSD entitled Trade Polices and Sustainable Development in the Context of Global Value Chains complements this conceptual analysis.
Written by Raphael Kaplinsky