A few months ago, the WTO presented a report prepared by international experts on the development of global value chains (GVCs): Measuring and analyzing the impact of global value chains on economic development. A subject of utmost importance is receiving more attention nowadays and taking it into consideration in all our international strategies.
Indeed, world trade is becoming more complex. As a result, considering policies that could make these GVCs more inclusive has become a top priority for all senior foreign trade officials in countries.
“Global value chains help advance the development process in many countries, especially in developing countries, where they contribute to increased productivity, increased international trade, and accelerated growth. growth, which benefits the entire population. “, Said Anabel González, Senior Director, World Bank Group Trade and Competitiveness.
The above-mentioned report states that African economies have had little participation in GVCs and that about two-thirds of sub-Saharan African economies fall below the average of the value chain position of developing countries compared on base of the value of their reimports exports.
Ethiopia is an interesting case of a populous, resource-poor country with a high degree of GVC integration, which has increased considerably since 1995.
The IMF predicts that the African Economic Outlook and investment climate are improving markedly.
In a working document (note n ° 50) published in 2017 by the Tunisian Institute of Competitiveness and Quantitative Studies (itceq), it defines that Tunisia, in its process of integration into the world economy has bet on export promotion. However, it did not make the most of the gradual relocation of certain industrial activities of developed countries to its national territory.
This process was remarkably accelerated in the mid-1990s, with the country’s accession in 1995 to the World Trade Organization (WTO) and the signing in 1996 of the partnership agreement with the European Union.
Note No. 50 of the ITCEQ shows that Tunisia relies heavily on both imported inputs and the export of intermediate products used in the exports of their partners. And concluded by saying that to seize these potentialities of GVCs, Tunisia must make considerable efforts in certain areas: