Value chains and the world economy: genealogies and reformulations

Liam Campling and Benjamin Selwyn

Chapter 26 in Handbook of the International Political Economy of the Corporation, 2018, pp 416-434 from Edward Elgar Publishing

Abstract: Global commodity chain, global value chain and global production network (GCC/GVC/GPN) approaches (here simply labelled GVC analysis) are part and parcel of mainstream development theory and practice. This chapter introduces and discusses critically these approaches. It: (1) describes their utility in understanding globalizing processes; (2) traces their lineage and evolution; (3) highlights and explains their key concepts; (4) illuminates some of their limitations; and (5) identifies ways in which they can be advanced further.

Keywords: Economics and Finance; Politics and Public Policy (search for similar items in EconPapers)
Date: 2018
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