Global Value Chain Evolution: Implications for the World

Kok How Lee

Chapter 1 in Global Supply Chains in a Glocal World:The Impact of Covid-19 and Digitalisation, 2022, pp 3-25 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:IntroductionIndustry Disruption, Upgrading and MigrationGVC Evolution TrendsRise of America (1890s–1940s)War Revitalisation (1940s–1960s)Asian Dragons (1960s–1990s)China’s Awakening (1990s–2010s)Recent Manufacturing TrendsExtrapolating the Next Wave in GVC EvolutionMethodology and ResultsIndustry Migration Models ClassificationProductivity Step-Up ModelDemographic Dividends Realisation ModelDemand-Upgrading ModelNational Policies Push-Pull ModelSupply Chain Relocation ModelKnowledge Technology-Driven ModelEvolution of GVC in the 2020sCovid-19 Pandemic & US-China Trade WarIndustrial PolicyWhere are China, Southeast Asia and the U.S. Headed?ConclusionReferences

Keywords: Global Supply Chains; Supply Chain Transformation; Digitalization; Supply Chain Disruption; Trade Flows; e-Commerce; Risk Management; Resilience; Covid-19; Coronavirus (search for similar items in EconPapers)
JEL-codes: M11 (search for similar items in EconPapers)
Date: 2022
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