ASEAN and Global Value Chains Locking in Resilience and Sustainability

Southeast Asia has become one of the most important regional hubs for GVCs—the cross-border networks that separate production stages from concept to consumption. By participating in GVCs, most Southeast Asia economies have grown strongly and reduced poverty. GVCs have created a strong manufacturing and export base, more and better-quality jobs, and spread knowledge, innovation and technology. However, their social and environmental impact can also lead to inequality and increased greenhouse gas emissions. This book aims to shed light on the disruptive effects of COVID-19 on ASEAN’s GVC participation and also review the many challenges and opportunities facing GVCs in the region as they build greater resilience and promote sustainable, green development for the region and its people.

Chapters:
00:00 ASEAN as one of the most resilient economic subregions
00:49 Impact of COVID-19 pandemic in region's trade and GVC system
01:42 - Emerging risks and challenges for GVCs
02:21 Future-proofing global value chains

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