Trade Policy Implications of Global Value Chains: Preliminary Observations from the 2021 TiVA Database
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The 2021 edition of the OECD Trade in Value Added (TiVA) database and its underlying Inter-Country Input-Output (ICIO) tables were released on 17 November 2021. A preliminary examination of the new data yields a number of observations from a trade policy perspective, notably that (1) reports of the demise of globalisation have been exaggerated,...
