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This book aims to investigate the global value chain (GVC) from a viewpoint of industrial development and examine how GVC participation, upgrading, and connectivity have affected structural transformation in developing economies. It first reviews the indexes to measure progresses in GVC participation and upgrading. Then it examines factors affecting these progresses, using original measures of connectivity, which are computed based on the complex network theory. Another distinguished feature of the study is its in-depth analyses on the relationship between economic development and GVC participation based on the hypothesis of nonlinear relationship which is drawn from authors past studies on Asian economies. Major findings include (1) inverted-U shaped relationship between backward participation and income levels, (2) U shaped relationship between forward participation and income level, (3) marginal but significant impacts of maritime and aviation connectivity on GVC participation, (4) significant and different roles of basic and advanced education on the upgrading in GVCs, and (5) the importance of technological intensities in export in sustaining economic growth.

The book presents a comprehensive and incisive analysis of Structural transformation which is among the most relevant and crucial themes of contemporary economics. Structural transformation is the edifice that is the basis of the next phase of economic transformation. The book demonstrates that structural transformation cannot be shoe horned into a single point formula, it is not merely about achieving a double-digit growth rate, nor it is achieved by an overarching emphasis on rapid technological advancement. Based on empirical evidence pertinent to developed and developing nations and present imperatives the book provides a comprehensive elucidation that structural transformation will be profoundly determined by the empirics of investment, Innovation and Institutions.

A nova revolução tecnológica está reformulando a economia global e as sociedades como um todo. Os sistemas que hoje aceitamos como certos, desde o modo como produzimos e transportamos bens e serviços até a forma como nos comunicamos, serão integralmente transformados. Há um chamado emergencial para que as lideranças, em todas as esferas sociais e econômicas, se capacitem para agir agora e de forma extraordinária, para gerenciar os riscos e as complexidades dessa mudança. A responsabilidade é imensa, pois temos nas mãos uma janela de oportunidade para desenvolvermos as novas tecnologias de forma a impactarem positivamente o mundo. Este livro é uma síntese das perspectivas dos principais pensadores mundiais dos Conselhos do Futuro Global e da rede de Especialistas do Fórum Econômico Mundial, que tem por objetivo central empoderar as pessoas para que elas participem de diálogos estratégicos ligados às tecnologias emergentes em todas as comunidades, organizações e instituições. A presente edição inclui prefácios de Satya Nadella (CEO da Microsoft) e João Doria (Empresário e Prefeito de São Paulo).