The Sustainable Development Report (including the SDG Index & Dashboards) is a complement to the official SDG indicators and voluntary country-led review processes. World Drug Report and UNODC. Public policies and economic conditions in one country strongly affect trade partners through production linkages. GVC leads to the integration of know-how of lead firms suppliers of key components along the stages of production and in multiple offshore locations. Context: Making a case for creating more formal jobs, the World Bank in its draft World Development Report 2019 said in India the pay-offs in the formal sector are over twice as much as in the informal sector, which is among the largest in the world. Today, almost 50% of global trade involves GVCs. In the age of GVCs, the need for greater international cooperation is particularly urgent. New technologies, such as automation and 3D printing, are a frequent cause for concern. The trade of know-how in different sectors like agriculture, manufacturing, and services lead to growth across industries. India’s remittances will drop down to 76 billion USD due to covid-19 crisis and the Global economic recession . Make simple notes . How the countries are ranked? For IAS 2021 preparation, candidates can refer to related links below: Your email address will not be published. Part of: GS Prelims and Mains II and III – Role of international organizations; Security issues In news: According to the latest World Drug Report of the United Nations Office on Drugs and Crime (UNODC) –. The latest world bank report is the World Development Report 2020 that focuses on the trading for development in the age of global value chains (GVCs.) March 20 was designated as the World Happiness Day by the UN General Assembly in 2012. And conflicts among large countries could lead to a retrenchment or a segmentation of GVCs. That will serve the purpose on a longer run. The World Bank publishes the World Development Report (WDR) annually. It concludes that technological change is at this stage more a boon than a curse. It helps in boosting standards of living. All countries strengthen social and environmental protection, to ensure the benefits of GVC participation are shared and sustained. Global Heritage Fund is a non-profit organization that operates internationally. The 2020 report for the first time ranks cities around the world by their subjective well-being and digs more deeply into how the social, urban and natural environments combine to affect our happiness. The highest score on the HDI is 1.0. India Rank 144 out of 156. Advance logistic services and ICT services. HINT: The Caspian Sea is the world’s largest inland body of water, variously classed as the world’s largest lake or a full-fledged sea. The 2020 Global Multidimensional Poverty Index (MPI) data and publication “Charting pathways out of multidimensional poverty: Achieving the SDGs” was released on 16 July 2020. The World Bank. Global flows of foreign direct investment (FDI) will be under severe pressure this year as a result of the COVID-19 pandemic. It puts a stress on the natural resources – Any trade if accompanied by production or energy subsidies promotes excess production that further leads to depletion of natural resources. On October 30, 2020, the World Bank released the migration and development brief report. 2. Reforms in transportation and communication infrastructure can bring benefits to remote locations of the countries. World Employment and Social Outlook. The benefits of coordinated policy action are even larger with GVCs than conventional trade, as goods and services cross borders multiple times. Gender Discrimination: Female Foeticide, Land and Property Rights; Empowernment. However, more women are found in the lower value-added segments than as the owners or managers. In India, Indonesia, and Nigeria, firms with fewer than 10 workers account for more than 99 percent of the total. 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How national policies can boost GVC participation, World Development Report 2020 – UPSC Notes:-Download PDF Here. High female employment – The percentage of women employed in firms related to GVCs is more than the ones employed in non-GVC firms. India in top five (fourth position) in terms of seizure of opium in 2018. Use desktop mode to see this page in better way. GVC leads to structural transformation in developing countries by driving people out of less productive activities towards more productive manufacturing and service activities. UPSC Preparation World Investment Report 2020 The United National Conference on Trade and Development (UNCTAD) brings out the World Investment Report annually. Since different countries participate in Global Value Chains in different ways, India too has its own participation in GVC. In this post, as a continuation, we have prepared the list of indices and associated organisations. Two threats to labour-intensive, trade-led growth: GVC drives employment, better standard of living, and reduced poverty: Efficiency is enhanced by ‘Hyperspecialization’. For example, Human Development Index (HDI) is prepared by UNDP as part of Human Development Report. The site is also a gateway to the state and offers a wide spectrum of subjects such as History, Demography, Art and Culture, Tourist places, Festivals, Eminent sons of soil and so on. A 1 percent increase in GVC participation is estimated to boost per capita income by more than 1 percent, or much more than the 0.2 percent income gain from standard trade. In the last post, we wrote about the names of reports published by various organisations and their importance in UPSC exams. For the IAS Exam, the key findings of WDR 2020, the meaning of GVCs and India’s performance with GVC participation are important for prelims and mains (GS 2, GS 3) exams. Trade protectionism can hamper the evolution of GVC. The latest world bank report is the World Development Report 2020 that focuses on the trading for development in the age of global value chains (GVCs.) Highlights of the 2020 report Finland has been declared the world’s happiest nation for the third year running. This is the eighth World Happiness Report. Steepest declines in poverty are witnessed among those countries that became an integral part of the GVC. According to the report the remittances of India will fall by 9% by the end of 2020. The growth in GVC was rapid in the 1990s but since the global crisis of 2008, the GVC expansion has slowed: Due to the decline in the overall economic growth, Due to the slowing pace of the and reversals of trade reforms. The World Development Report (WDR) 2020: Trading for Development in the Age of Global Value Chains examines whether there is still a path to development through GVCs and trade. ... World Development Report . Executive Summary English | Français | Español | Русский | العربية | 中文 (pdf) Italiano | Deutsch | Português | हिन्दी | Korean(pdf) 3. Report and Indices for 2020 UPSC published by different organisations Report and Indices for 2020 UPSC. Nov 14, 2020 Odishatv.in is an initiative by Odisha Television to connect netizens to the latest information about Odisha and beyond. Main messages English (pdf) 5. World Development Report, 2020 by World Bank. The 2020 Report has introduced the planetary pressures-adjusted Human Development Index, which adjusts the standard Human Development Index (HDI) by a country’s per capita carbon dioxide emissions and material footprint. The 2020 global Living Planet Index shows an average 68% fall in monitored vertebrate species populations between 1970 and 2016. The absence of major trade initiatives and growing trade conflict could make it more difficult for developing countries to benefit from GVCs. Last year’s rank- 130. 1818 H Street, N.W. Meanwhile, serious threats have emerged to the model of trade-led growth. First World Happiness Report 2020 released. It has been published since 1978. But the expansion of GVCs has plateaued since 2008 due to a decline in overall economic growth and the slowing pace of reforms. The focus of the report is on the assessment of foreign direct investment (FDIs) trends worldwide. [Prelims 2020] [Part 3/4] List of Indices and Reports: Environment-related: World Water Development Report, Emission Gap Report, Global Environment Outlook and more Written by : ForumIAS Posted on April 4th, 2020 Last modified on January 7th, 2021 Comments Views : 29,447 An IEEE Spectrum report, the Beijing-based company is set to send the world’s first mining robot named ‘asteroid mining robot’ into space by November 2020 to identify and extract resources. The top nation on this list is Norway, with a … This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Small domestic markets can benefit from trade liberalization at home and negotiations in trade liberalization abroad. The 15th edition of the World Economic Forum’s Global Risks Report is published as critical risks are manifesting. Let us understand what GVC is. UN World Water Development Report 2020: Water and Climate Change English | Français(pdf) 2. But they are more likely to boost GVCs as trade and communication costs come down, new products are developed, and productivity increases. Despite lifting 271 million people out of poverty between 2005-15, India still remains home to 28% (364 million) of the world’s poor. The HDI was first launched in 1990 and has been released annually ever since, except 2012. 8. It along with the US produce services that are being increasingly traded and embodied in manufactured goods. Press release English | Français | Español | Русский | العربية | 中文 4. The 94% decline in the LPI for the tropical subregions of the Americas is the largest fall observed in any region ANALYSIS OF THE REPORT OUR WORLD IN 2020 For the IAS Exam, the key findings of WDR 2020, the meaning of GVCs and India’s performance with GVC participation are important for prelims and mains (GS 2, GS 3) exams. Notions of God: Attributes; Relation to Man and the World. Your email address will not be published. The 2019 Revision of World Population Prospects is the twenty-sixth round of official United Nations population estimates and projections that have been prepared by the Population Division of the Department of Economic and Social Affairs of the United Nations Secretariat. The report and information materials are under embargo and will become available on 22 March 2020. India has seen an expansion of GVC in services. This report is also known as Bhutanese resolution as the Bhutan government believes that the … Over the past 30 years, they have helped poor countries grow faster, lifting many out of poverty. The report is not an official monitoring tool. World Happiness Report 2020. 10. Q. With increased productivity, employment is generated with the help of GVC. Recently, the United Nations Conference on Trade and Development (UNCTAD) released the World Investment Report 2020. Countries realizing the GVC participation determinants — Endowments, Geography, Market Size and Institutions can bring related policy changes to increase GVC participation. Advanced economies pursue open, predictable policies. Innovation leads to new traded goods and services– substantiated by the fact that in 2017, 65 percent of trade took place in categories which did not exist in 1992. Despite being one of the most common measures of development, the Human Development Index [HDI] has been much criticized for its consistency, data requirements, difficulty of interpretation and trade-offs between indicators. Water and Climate Change. In a worst-case scenario, if trade conflict worsens and causes a slump in investor confidence, up to 30.7 million people could be pushed into poverty (below $5.50 a day), and global income could fall as much as $1.4 trillion. India’s position: India’s rank- 129. UNESCO (United Nations Educational, Scientific and Cultural Organization) Global Education … The World Development Report (WDR) 2020: Trading for Development in the Age of Global Value Chains examines whether there is still a path to development through GVCs and trade. All countries need to work cooperatively to address policies that distort trade and to keep markets open. Facts and Figures English | Français | Español | Italian | Portugese(pdf) Sugge… “An Introduction to the Internet of Things (IoT)” Part 1. of “The IoT Series” November 2013 Lopez Research LLC 2269 Chestnut Street #202 San Francisco, CA 94123 T (866) 849-5750 E [email protected] W www.lopezresearch.com Since the 2008 global financial crisis, however, the growth of trade has been sluggish and the expansion of GVCs has stalled. India is one among the nations where outward direct investments of firms have surged from 7 billion US dollars to 200 billion US dollars (Between 2000 and 2015) which makes a ⅓ of global GDP. Philosophy of Religion: 1. Caste Discrimination: Gandhi and Ambedkar. For example, ICT and business services sectors have rapidly expanded. This is how countries are not only trading goods and services but also know-how. Development and Social Progress. , Market Size and Institutions can bring related policy changes to increase GVC participation than a curse in... 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