01839cas a2200277 a 4500 AALejournalIMF015531 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513516738 1018-5941 BD-DhAAL BD-DhAAL Cheng, Kevin. Reaping the Benefits from Global Value Chains / Kevin Cheng, Sidra Rehman, Dulani Seneviratne, Shiny Zhang. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (24 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Against the backdrop of the rise of global value chains (GVCs), particularly in Asia, this paper documents key developments of GVCs and investigates what factors cause economies to reap greater benefits from GVC participation. Key findings include: first, moving toward a more upstream position in production and raising economic complexity are associated with the country increasing its share of GVC value added. Second, fostering GVC participation and expanding the share of the domestic value added in a value chain require efforts to reduce trade barriers, enhance infrastructure, foster human capital formation, support research and development, and improve institutions. Mode of access: Internet Rehman, Sidra. Seneviratne, Dulani. Zhang, Shiny. IMF Working Papers; Working Paper ; No. 2015/204 Full text available on IMF http://elibrary.imf.org/view/journals/001/2015/204/001.2015.issue-204-en.xml IMF e-Library