International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

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

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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