Value chain in decline: WTO
Cambodia is one of only two economies worldwide to have declined in global value chain (GVC) participation since 1995, according to the World Trade Organization’s latest study. The WTO’s World Trade Report 2014, released Monday, shows Cambodia’s overall percentage of GVC participation – one country’s contribution to a multicountry production network – slipped from about 44 per cent in 1995 to 40 per cent in 2008. …
Eddie Morton
http://phnompenhpost.com/business/value-chain-decline-wto