======The future of global value chains====== The research examines the future of global value chains (GVCs), exploring whether they will continue to expand or face a new normal of stagnation or decline. ^ Quick Facts ^^ | Report location: |[[https://www.oecd-ilibrary.org/science-and-technology/the-future-of-global-value-chains_d8da8760-en| source]] | | Language: | English | | Publisher: |[[encyclopedia:oecd|OECD]] | | Publication date: |July 11, 2017 | | Authors: |Koen De Backeri and Dorothee Flaigi | | Time horizon: | 2030 - 2035 | | Geographic focus: |global | | Page count: |58 | =====Methods===== The research employs the OECD's METRO model, a static computable general equilibrium model that differentiates commodities by use, to simulate the impact of various factors on GVCs up to 2030. * Scenarios are developed =====Key Insights===== The report investigates the growth of GVCs as drivers of globalization, considering factors that could either promote their expansion or signal a shift towards a new normal with reduced GVC activity. It assesses the potential impacts of these factors on global production and trade by 2030 through various scenarios. Drivers mentioned include: * Open trade and investment agreements * Digitalisation and ICT: new communication technologies * New (low-cost) producers in manufacturing * Growing demand in emerging economies * Development of services * The role of Multinational Enterprises (MNEs) =====Additional Viewpoints===== Categories: {{tag>2017_publication_year}} | {{tag>2030_time_horizon}} | {{tag>2030s_time_horizon}} | {{tag>2035_time_horizon}} | {{tag>English_publication_language}} | {{tag>global_geographic_scope}} | {{tag>global_value_chains}} | {{tag>information_technologies}} | {{tag>information_technology}} | {{tag>logistics}} | {{tag>supply_chain}} | {{tag>supply_chains}} | {{tag>sustainability}} ~~DISCUSSION~~