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Policy Article

Multilateral coordination and exchange for sustainable global value chains

Authors

  • Görg
  • H.
  • Lay
  • J.
  • Pahl
  • S.
  • Šerić
  • A.
  • Steglich
  • F.
  • Yaroshenko
  • L.

Publication Date

JEL Classification

F1 F23 F53 J8 M14 Q56

Key Words

Global Value Chains

multilateral cooperation

Sustainability

Related Topics

Sustainable Development

International Trade

Globalization

Foreign Direct Investments

Companies

While participation in global value chains (GVCs) is widely associated with benefits for countries’ development and growth, its environmental and social costs become increasingly evident. Representing core buyer and supplier countries in GVCs, the G20 is particularly suited to tackle this global challenge. We recommend the G20 should become a key global forum for exchange and collaboration on this important challenge, setting in place effective processes to ensure multilateral coordination for sustainable GVCs in the G20 and beyond.

Kiel Institute Experts

  • Prof. Holger Görg, Ph.D.
    Research Director
  • Frauke Steglich
    Kiel Institute Researcher

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Research Center

  • International Development

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