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VIENNA, 4 June 2021 – Can embedding inclusive and sustainable transformation at the core of multilateral efforts help ensure that countries benefit from integration in global value chains (GVCs)? ....
A significant share of global production takes place in global value chains (GVCs). Participating in GVCs is widely associated with economic benefits, such as productivity and employment creation, and considered one of the driving forces of growth and development worldwide. However, the sustainability of production in GVCs is increasingly contested, and associated social and environmental costs can be hefty. As production in GVCs entails that multiple actors, both private and public, located in various countries jointly produce goods and services, the sustainable governance of GVCs is best addressed in a coordinated multilateral effort. The webinar, co-organized by UNIDO and the International Affairs Institute (IAI), and supported by the Kiel Institute for the World Economy (IfW Kiel) and the German Institute for Global and Area Studies (GIGA), will offer insights into what it takes for multilateral actors, such as the G20 and others, to address and mainstream sustainability ....
G-20 shining example of how partnership works: Suresh Prabhu at CII Partnership Summit ANI | Updated: Dec 16, 2020 22:50 IST New Delhi [India], December 16 (ANI): BJP Member of Parliament and India s Sherpa to G-20 and G-7Suresh Prabhu on Wednesday said G-20 is a shining example of how the partnership works. In the next few months, we can expect economic growth to start returning but we must see how we want to rebuild, whether to go back to the old world or to build better for livelihoods, growth and caring for the planet, said Prabhu. He was speaking at a session on the Role of G-20 in building a strong global partnership for reviving world economy conducted during the second day of the 26th partnership summit of the Confederation of Indian Industry and the Department of Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India. ....
G-20 shining example of how partnership works:Suresh Prabhu bignewsnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bignewsnetwork.com Daily Mail and Mail on Sunday newspapers.