Contemporary Globalisation and Value Systems: What Gains for Developing Countries?

Praveen Jha () and Paris Yeros ()
Additional contact information
Praveen Jha: Jawaharlal Nehru University
Paris Yeros: Universidade Federal Do ABC

Chapter Chapter 2 in Economic and Social Upgrading in Global Value Chains, 2022, pp 35-53 from Springer

Abstract: Abstract The focus of this paper is twofold: first, to sketch an analytical framework that may be helpful in underpinning the key conceptual correlates of contemporary Global Value Systems (GVSs), while flagging, very briefly, its historical antecedents and tracking it to its current juncture; second, to reflect on a couple of major economic implications, particularly for developing countries, associated with the current phase of the global production and appropriation regimes, ascendent since the 1970s. There is a large and contentious literature on both these broad themes covering several issues; this paper is neither intended as survey of all the important contributions, nor as an adequate engagement with divergent views in the relevant literature. Rather, our primary objective here is to offer some theoretical reflections from a Marxian political economy perspective, on the above-noted concerns. The first section locates the GVSs within the longue duree of capitalist development; the second section provides a brief overview of the characteristics of contemporary GVSs and its implications for developing countries.

Date: 2022
References: Add references at CitEc
Citations: View citations in EconPapers (2)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-87320-2_2

Ordering information: This item can be ordered from
http://www.springer.com/9783030873202

DOI: 10.1007/978-3-030-87320-2_2

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().