Global value chains are key for LDCs to increase their share in global trade. Investment in Aid for Trade delivers significant returns, according to new evidence in this report.Now is the time for governments to accelerate Aid for Trade, to help LDCs tap into global value chains. The world’s poorest countries have seen 12% annual growth in export revenue since the mid-1990s. Participation in global value chains has been a driving factor. Aid for Trade has been proven effective in countries with supportive policy and managerial environments.
Publication Date: 29 Nov. 2013