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| Author | : Gary Gereffi |
| Publisher | : Cambridge University Press |
| Total Pages | : 497 |
| Release | : 2019-01-24 |
| Genre | : Business & Economics |
| ISBN | : 1108471943 |
Studies conceptual foundations of GVC analysis, twin pillars of 'governance' and 'upgrading', and detailed cases of emerging economies.
| Author | : Stefano Ponte |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 640 |
| Release | : 2019 |
| Genre | : Business & Economics |
| ISBN | : 1788113772 |
Global value chains (GVCs) are a key feature of the global economy in the 21st century. They show how international investment and trade create cross-border production networks that link countries, firms and workers around the globe. This Handbook describes how GVCs arise and vary across industries and countries, and how they have evolved over time in response to economic and political forces. With chapters written by leading interdisciplinary scholars, the Handbook unpacks the key concepts of GVC governance and upgrading, and explores policy implications for advanced and developing economies alike. p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 10.0px Arial}
| Author | : Pol Antràs |
| Publisher | : |
| Total Pages | : 59 |
| Release | : 2017 |
| Genre | : Business logistics |
| ISBN | : |
This paper develops a multi-stage general-equilibrium model of global value chains (GVCs) and studies the specialization of countries within GVCs in a world with barriers to international trade. With costly trade, the optimal location of production of a given stage in a GVC is not only a function of the marginal cost at which that stage can be produced in a given country, but is also shaped by the proximity of that location to the precedent and the subsequent desired locations of production. We show that, other things equal, it is optimal to locate relatively downstream stages of production in relatively central locations. We also develop and estimate a tractable, quantifiable version of our model that illustrates how changes in trade costs affect the extent to which various countries participate in domestic, regional or global value chains, and traces the real income consequences of these changes.
| Author | : World Bank |
| Publisher | : World Bank Publications |
| Total Pages | : 511 |
| Release | : 2019-11-19 |
| Genre | : Business & Economics |
| ISBN | : 1464814953 |
Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Since the 2008 global financial crisis, however, the growth of trade has been sluggish and the expansion of GVCs has stalled. Meanwhile, serious threats have emerged to the model of trade-led growth. New technologies could draw production closer to the consumer and reduce the demand for labor. And trade conflicts among large countries could lead to a retrenchment or a segmentation of GVCs. World Development Report 2020: Trading for Development in the Age of Global Value Chains examines whether there is still a path to development through GVCs and trade. It concludes that technological change is, at this stage, more a boon than a curse. GVCs can continue to boost growth, create better jobs, and reduce poverty provided that developing countries implement deeper reforms to promote GVC participation; industrial countries pursue open, predictable policies; and all countries revive multilateral cooperation.
| Author | : Dorothee Niebuhr |
| Publisher | : Springer |
| Total Pages | : 295 |
| Release | : 2016-03-22 |
| Genre | : Business & Economics |
| ISBN | : 3658132876 |
This book investigates the recent rise of the market-oriented value chain approach in development policy with a focus on the agro-export sector in the Global South. The research project aims at unveiling the political, social and cultural processes around the circulation of market rationales at the global scale and on the ground. In-depth analyses of two exemplary settings, Peru and Ghana, reveal the extent to which national policies, development programs, laws and academic curricula have adopted a "thinking in terms of value chains" in the last decade. By embracing the perspectives of policymakers, consultants, entrepreneurs and producers, this book provides exciting first-hand insights about the making of markets for scholars and development practitioners alike.
| Author | : Valentina De Marchi |
| Publisher | : Routledge |
| Total Pages | : 392 |
| Release | : 2017-07-28 |
| Genre | : Business & Economics |
| ISBN | : 1351723995 |
The international fragmentation of economic activities – from research and design to production and marketing – described through the lens of the global value chain (GVC) approach impacts the structure and performance of small and medium-sized enterprises (SMEs) agglomerated in economic clusters. The consolidation of GVCs ruled by global lead firms and the recession of 2008-09 exacerbated the pressures on cluster actors that based their competitive advantage on local systems, spurring an increasing heterogeneity, both across and within clusters, that is still overlooked in the literature. Drawing on detailed studies of different industries and countries, Local Clusters in Global Value Chains shows the co-evolutionary trajectories of clusters and GVCs, and the role of firms and their strategies in organizing manufacturing and innovation activities in the context of ongoing technological shifts. The book explores the tension between place-based variables and global drivers of change, and the possibility for territories containing such clusters to prosper in the new global scenario. By adopting insights from the GVC framework and management studies, the book discusses how the internationalization strategies of firms create opportunities as well as constraints for adaptive upgrading in clusters. This book is of interest to both researchers and policy-makers who are interested in the dynamic sources of competitive advantage in the global economy.
| Author | : Dev Nathan |
| Publisher | : Cambridge University Press |
| Total Pages | : |
| Release | : 2018-11-30 |
| Genre | : Business & Economics |
| ISBN | : 1108592031 |
Can firms and economies utilize global value chains for development? How can they move from low-income to middle-income and even high-income status? This book addresses these questions through a series of case studies examining upgradation and innovation by firms operating in GVCs in Asia. The countries examined are China, India, South Korea, the Philippines, and Sri Lanka, with studies of firms operating in varied sectors - aerospace components, apparel, automotive, consumer electronics including mobile phones, telecom equipment, IT software and services, and pharmaceuticals.
| Author | : Jeffrey Neilson |
| Publisher | : Routledge |
| Total Pages | : 273 |
| Release | : 2017-10-02 |
| Genre | : Political Science |
| ISBN | : 1317533658 |
The global economic system is experiencing a profound period of rapid change. The emergence of globalised production and distribution systems, which bring together diverse constellations of economic actors through a complex regime of global corporate governance, state regulation and new international divisions of labour, demands corresponding and innovative explanatory models. Global value chains (GVCs) and global production networks (GPNs) have been particularly useful as conceptual frameworks for understanding the global market engagement of firms, regions and nations. This book examines the rise of GVCs and GPNs as dominant features of the international political economy. It brings together leading thinkers in the field and sets out new directions for future scholarship in understanding the contemporary global economic system. In doing so, this book makes a significant contribution to our understanding of the international political economy and the global economic system in the post-Washington Consensus era of contemporary capitalism. This book was published as a special issue of the Review of International Political Economy.
| Author | : Jong Min Lee |
| Publisher | : Springer Nature |
| Total Pages | : 286 |
| Release | : 2023-04-24 |
| Genre | : Business & Economics |
| ISBN | : 3031240901 |
This contributed volume provides theoretical and empirical insights into a variety of contemporary issues about inequality, geography, and global value chains in today’s world, where global disruptions are prevalent, globalization is being transformed, and multinational enterprises (MNEs) are under pressure to promote sustainability. Many challenges and tensions created by growing inequality within and between countries, cities, and individuals, coupled with recent disruptions in the global economy, beg important questions regarding the role of MNEs. A valuable resource for scholars and students in international business, the book provides a richer understanding of how MNE activities are being affected by the complex dynamics of the modern global business environment and discusses what strategies they need to implement in order to adapt to a changing world, while accounting for the interests of a broader range of stakeholders.
| Author | : Deborah Kay Elms |
| Publisher | : |
| Total Pages | : 409 |
| Release | : 2013 |
| Genre | : Business & Economics |
| ISBN | : 9789287038821 |
A collection of papers by some of the world's leading specialists on global value chains (GVCs). It examines how GVCs have evolved and the challenges they face in a rapidly changing world. The approach is multi-disciplinary, with contributions from economists, political scientists, supply chain management specialists, practitioners and policy-makers. Co-published with the Fung Global Institute and the Temasek
