Backward GVCs participation: incorrect features

  • Basically, individual economies participate in
    global value chains by importing foreign inputs to produce the goods and
    services they export
  • Refers to the "Foreign value added content
    of exports”
  • Reflect the downstream links in the chain.
  • This is the 'Buyer' perspective or sourcing side in
    GVCs, where an economy imports intermediates to produce exports
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