What policies, initiatives or programmes can support attracting, embedding and reshaping GVCs in regions?

This paper outlines the regional industrial policies most conducive to GVC reshaping and emergence, on the basis of an analysis of concrete experiences in regions in the OECD countries and outside. It starts by examining the current changes in the competitive context of industries, namely the new phase of globalisation together with the fourth industrial revolution, to outline the implied structural changes most likely in GVCs, and some already occurring. This is useful to define the most appropriate industrial policies at regional level, that are confronted with some successful concrete experiences in regions.