Global Value Chains and Trade in Value Added: Assessing the US Corn and Soya Contribution into the Caribbean Poultry Industry
Govind Seepersad, C. W. Ardon Iton, Dave Goorahoo
Abstract
Global Value Chains (GVCs) have become the norm in the analysis of trade in today’s globalised economy. The
process of international fragmentation of production has permitted both developed and developing countries to
participate in trade and the creation of wealth. Effective trade policy in the contemporary environment has
challenged our conventional wisdom on how trade is interpreted and measured. This study uses the GVC concept
to examine the US corn and soya industry as it forms part of the poultry value chain in the Caribbean region.
Focus is placed on the Trinidad and Tobago and the Organisation of Eastern Caribbean States poultry value
chains. The trade in value added is given special attention in identifying the contribution made at each node
within the chain.
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