ABSTRACT
This chapter uses the information in the organization for economic co-operation and development (OECD)–world trade organization (WTO) trade-in-value-added (TiVA) database to consider Singapore's participation in global value chains (GVC) in the light of the new TiVA indicators available. The OECD–WTO database provides an indicator (participation index) that measures the extent of participation in GVCs. Participation in GVCs confers considerable benefits. Singapore practitioners recognize that it is also about strengthening technological capabilities such that process upgrading, product upgrading, functional upgrading, and chain upgrading can be achieved. GVCs approach has helped to bring gain to Singapore in terms of improved competitiveness, and better access to global markets and expansion of production and jobs. The value-added shares describe the participation of a country in GVCs, both as a user of foreign inputs and as a supplier of intermediate goods and services used in other countries' exports.
