National Competitiveness, Scalability of International Value Chains, and Location of Production

Marcus Noland, Peterson Institute
Richard Baldwin, Graduate Institute of International Studies, Geneva
Bernard Hoekman, World Bank
Filippo di Mauro, European Central Bank
Lucian Cernat, European Commission
Ralph Carter, FedEx

Peterson Institute for International Economics, Washington, DC

April 17, 2013

The Peterson Institute cosponsored with the European Central Bank and the World Bank a panel discussion on the policy implications of deepening global value chains on April 17, 2013. The panel participants presented key policy challenges and recommendations coming out of a joint academic conference on "National Competitiveness, Scalability of International Value Chains and Location of Production." Professor Bernard Hoekman, the World Bank's sector director of the trade department, provided a brief summary of the conference proceedings. Professor Richard Baldwin of the Graduate Institute, Geneva, and founder and editor-in-chief of VoxEU.org, drew out the policy implications of the academic work. Ralph Carter, FedEx's managing director in regulatory affairs, offered a private sector perspective on the way that cross-national value-chains are developing, and discussed the constraints that companies face in pushing the deepening process forward. Other participants included Filippo di Mauro, European Central Bank, and Lucian Cernat, European Commission. Marcus Noland, PIIE, chaired the panel.

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