This report, commissioned by the Trade and Agriculture Directorate of the OECD, analyzes the specific factors that affect the competitiveness of developing countries in regional and global value chains (GVCs), and how these factors differ across four major economic sectors: agriculture, extractive industries, manufacturing and offshore services. The analysis highlights that in order to participate gainfully in GVCs, developing countries must adopt industry-specific policy frameworks that reflect the changing reality of global business. Keywords: global and regional value chains, developing countries, competitiveness, productive capacity, inclusive growth, trade integration
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