Thomas Farole

World Bank

Thomas Farole is Lead Economist in the World Bank’s Sustainable Development Practice in Europe & Central Asia, where he guides the group’s analytical agenda to support the transition to sustainable, resilient, and inclusive economies across the region. He has recently been part of the core team on the World Bank’s World Development Report 2020 on global value chains, and has researched GVCs from the perspectives of trade, employment, and social and environmental outcomes. He holds a PhD and Msc from the London School of Economics and Political Science (LSE), and a BSc in Economics from the Wharton School of the University of Pennsylvania.

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Jan 1, 2019
World Bank

World Development Report 2020: Trading for Development in the Age of Global Value Chains

Jan 1, 2014
Farole, T.; Winkler, D.

Making Foreign Direct Investment Work for Sub-Saharan Africa : Local Spillovers and Competitiveness in Global Value Chains

Economic, technological, and political shifts as well as changing business strategies have driven firms to unbundle production processes and disperse them across countries. Thanks to these changes, developing countries can now increase their participation in global value chains (GVCs) and thus becom...


Jan 1, 2016
Thomas Farole

Do global value chains create jobs?

Global value chains (GVCs) describe the cross-national activities and inputs required to bring a product or service to the market. While they can boost exports and productivity, the resulting labor market impacts vary significantly across developing countries. Some experience large-scale manufacturi...


Jan 1, 2018
Farole, T.; Hollweg, C.; Winkler, D.

Trade in Global Value Chains : An Assessment of Labor Market Implications

The paper is structured in six further sections following this introduction. Section two develops a conceptual framework, and reviews the literature on the relationship between trade integration and labor market outcomes. Section three outlines the empirical framework and data used in the analysis. ...


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