ECLAC’s participation in the launch of a platform that analyzes Global Value Chains
In recent years, studies on global value chains, which depict how interconnected countries are in terms of trade and production, have multiplied. To contribute to this objective, the Economic and Social Commission for Asia and the Pacific (ESCAP) presented the Regional Integration and Value Chain Analyzer (RIVA) tool. This initiative was carried out in collaboration with the Forum for East Asia-Latin America Cooperation (FOCALAE) and the Economic Commission for Latin America and the Caribbean (ECLAC).
RIVA is an online tool that uses data from the Asian Development Bank's (ADB) Multiregional Input-Output Matrices, which include data from the matrices of Asian and Latin American and Caribbean countries. The interactive and automated functions provided in RIVA support analysis and policy decisions related to integration and global value chains (GVCs). The tool also provides information on relationships between countries, partners within GVCs, the structure and breakdown of value added in both total and bilateral exports. The platform also makes it possible to understand, on the one hand, how an economy is linked to GVCs by importing inputs that are used for its exports (known in the literature as backward linkages); on the other hand, how the same economy is linked to its trading partners by importing its own value added.
The data covers 72 economies and 38 sectors in 2007, 2011 and 2017. The tool can be accessed online on https://riva.negotiatetrade.org