Sustainability will be the key driver for growth: AIIB's Erik Berglöf

Countries offering decarbonisation opportunities will be more competitive, says AIIB chief economist Erik Berglöf

India has managed to increase its total exports but has not really increased its share of goods that go into global value chains (GVC), a recent report by the Asian Infrastructure Investment Bank (AIIB) revealed. In an interview with Jyoti Mukul, AIIB chief economist Erik Berglöf says sustainability will be the key driver for growth. Edited excerpts:

What was the format for GVC ranking?

We would not call them ratings since the purpose of this research is to assess where countries find themselves in terms of their engagement with global value chains (GVCs). Some countries have a very extensive participation