Trade, Connectivity and Global Value Chains

Abstract

This issue of the Commonwealth Trade Hot Topics provides a brief overview of some of these linkages between trade, connectivity and GVCs. It analyses how the Commonwealth is positioned in GVCs and the major shifts over time, with a specific focus on the Asia-Pacific region. It then examines the Commonwealth's performance in two critical areas for deepening participation in world trade, as well as GVCs – namely, maritime transport and logistics, and digital connectivity. Attention is also given to the possible contribution of mega-connectivity projects like the China-led Belt and Road Initiative (BRI) and the Asia–Africa Growth Corridor.