Higher integration in international trade and global value chains (GVCs) has been linked to increased economic growth globally. Combining a macro- with a micro-level perspective, this paper shows that low trade openness, trade growth and density of exporting firms of the Latin America and Caribbean (LAC) region may have contributed to its low overall growth performance. The LAC region is weakly integrated in GVCs, with its average backward and forward...
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INFORMATION
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2021/05/07
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Document de travail
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159028
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1
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1
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2021/05/13
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Disclosed
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Trade and Global Value Chain Integration in Latin America : Stylized Facts
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