Oluchi Odimuko's Artifacts on my key lessons on GVCs.pptx

My Artifact on lessons learnt on the course, "Trade for Development in the age of GVCs". This is also taking into consideration of my job experience at my current place of work being a private sector development expert.
Nigeria as a nation need to be highly industrialized with beneficiation of raw materials for the exportation of highly value-add products which will be determined by the nation.. Until this is done with good leadership of the country, Nigeria's industrialization remains at the whims of bad leadership with high external influence.

1. Trading for Development in the Age of Global Value Chains (WDR 2020) Key Learnings from Week 1 to Week 5 Oluchi Odimuko ( Donluchis )

2. Week 1 – Introduction to GVCs

3. Week 1 – GVC Expansion and Challenges

4. Week 2 – Macroeconomic Impacts of GVCs

5. Environmental Impact of GVCs Environmental Impacts: Scale Effect: More production = higher environmental costs. Composition Effect: Shift to environmentally-friendly products. Technical Effect: Cleaner, more efficient technologies. Key Learning: Developing countries need to patent green technologies to stay competitive. Personal Insight: Restrictive trade policies can be counterproductive—observed firsthand through my work at the Manufacturers Association of Nigeria (MAN).

6. Week 4 – Policies for GVC Participation Role of Domestic Policies: Proactive policies help countries leverage their strengths within GVCs. Policies must align with factor endowments and comparative advantages. Key Takeaways: Policies ensure inclusive growth through job creation and income distribution. Strategies for job displacement include reskilling programs and job placement services. Environmental sustainability is essential to remain competitive.

7. The Role of International Cooperation

8. Conclusion – Key Lessons Across Weeks GVCs foster growth, productivity, and poverty reduction through specialization and collaboration. Domestic and international policies play a crucial role in maximizing GVC benefits. Sustainable participation in GVCs requires infrastructure development, innovation, and education. International cooperation is essential to address global challenges and maintain open markets.

9. My Perspective for Nigeria While I thank you for the insights provided on this course “ Trading for Development in the Age of Global Value Chains”, I am of the view that internal policies which are geared towards the economic growth and development may not be supportive of GVCs expansion. This causes friction and reduces trade. Internal growth and development of one’s country should be paramount. With much industrialization, then comes GVCs support policies for expansion via international trade.

10. A Mapping of my GVC functions in my current roles and responsibilities

11. Thank you