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This note gives the quick read on research describing scenarios for global value chains over the next 10 to 15 years. It indicates that the future of GVCs may look quite different from the past, with the growing digitalisation of production most likely the biggest game changer.
Presentations and main topics discussed at the 83rd Session of the Steel Committee held in Paris, 28-29 September 2017.
The world’s nominal steelmaking capacity is estimated to reach 2.241 billion tonnes in 2014, more than double the capacity of 2000. The OECD is launches a database that details new investment projects in the industry by region and country in both developing and advanced economies through 2017 and beyond. The data portal makes data on steel projects in OECD countries fully accessible for the first time.
The world economy is facing a number of structural shifts that may dramatically change the outlook for GVCs in the coming years. By describing how these shifts will likely evolve over the next 10-15 years and calculating their effects on global production and trade, the scenarios in this paper offer new, empirically funded insights on the future of GVCs.
Combining OECD Survey of Adult Skills-based indicators with OECD Trade in Value Added (TiVA) data sheds light on the way skills and their distributions (at the country-industry level) relate to industry performance and to integration into global value chains. The results underline the importance of cognitive skills such as literacy, numeracy and problem solving for any industry to thrive in the global economy.
The AMNE database presents detailed data on the activities of foreign affiliates in OECD countries (inward and outward activity of multinationals). The data indicate the increasing importance of foreign affiliates in the economies of host countries, particularly in production, employment, value added, research and development, labour compensation and exports.
The STAN Bilateral Trade Database by Industry and End-use category (BTDIxE) provides values of exports and imports of goods for OECD countries and a large number of non member economies. Data are presented in USD, by partner country, industry and end-use category from 1990 onwards.
The STAN database provides analysts and researchers with a comprehensive tool for analyzing industrial performance at a relatively detailed level of activity across countries.
This paper is designed to serve as a reference for subsequent papers arising out of MultiProd, a project aimed at studying productivity patterns across countries and over time. MultiProd provides harmonised micro-aggregated data of paramount importance for investigating the extent to which different policy frameworks can shape firm productivity and examining the way resources are allocated to more productive firms.
This report provides new evidence on the increasing dispersion in wages and productivity using novel micro-aggregated firm-level data from 16 countries.