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From evidence to policy - supporting Nepal’s trade integration strategy : policy note 2 : Nepal integration into value chains : stylized facts and policy options (Inglés)

The rise of global value chains (GVCs) is one of the most important transformation in global trade and investment occurred in the last decades. Once concentrated among a few large economies, global flows of goods, services, and capital now reach an ever larger number of economies worldwide. Falling transport costs due to important innovations such as containerization, lower trade costs achieved both through a general reduction in tariffs worldwide...
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