ABSTRACT
With a rapid expansion of trade in intermediates – both components and assemblies – in the 1990s and 2000s, the emerging pattern of global trade is marked by a shift from ‘trade in goods’ to ‘trade in value added’ and ‘trade in tasks’ (Gereffi and Lee 2012, 25). Many developing country governments have been attempting to integrate their national firms into the regional/global value chains. The skill and technology intensity of exports and the value-capturing deserve policy emphasis as a country aspires to advance into higher stages of industrialization.
