Trans-Latin value chains in Asia: The role of small and medium-sized enterprises

An increasing share of international production and trade is organized within global value chains (GVCs) that encompass “the full range of activities that firms and workers do to bring a product from its conception to its end use and beyond. This includes activities such as design, production, marketing, distribution and support to the final consumer.” Hence, the survival of small and medium-sized enterprises (SMEs) depends increasingly on their ability to enter and upgrade in these value chains, which are usually governed by large firms.

Sustainable Development Goals:

Industry, Innovation and Infrastructure