UNCTAD MULTI-YEAR EXPERT MEETING ON INTERNATIONAL COOPERATION: SOUTH-SOUTH COOPERATION AND REGIONAL INTEGRATION Fourth session Geneva, Palais des Nations, Salle XXVI, 24-25 October 2012 Value Chains and the development policy challenge: Old wine, new bottle? Mr. Richard Kozul-Wright Head, Unit on Economic Cooperation and Integration Among Developing Countries, UNCTAD The views expressed are those of the author and do not necessarily reflect the views of UNCTAD Value Chains and the development policy challenge: Old wine, new bottle? 1.What`s the economic thinking behind value chains? 2. Why the recent surge of interest? 3. Is this a 21st century breakthrough? 4. What do we know about the trade- FDI-development nexus? 5. What have we learnt about value chains in manufacturing? 6. Can we begin to talk about South South value chains? Richard Kozul-Wright, ECIDC, UNCTAD