Navigating the Complexity: The Sustainability Challenges in Global Value Chains

E. Berthet () and I. Fusacchia
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E. Berthet: Department of Environmental and Resource Engineering and the Center for Absolute Sustainability, Technical University of Denmark, Kongens Lyngby, Denmark
I. Fusacchia: Department of Mathematics, Computer Science, and Economics, University of Basilicata, Potenza, Italy

Annual Review of Resource Economics, 2024, vol. 16, issue 1, 349-377

Abstract: The global value chain (GVC) framework may provide a systematic approach to depict and advance sustainable path options at the global, national, and local scales. However, a coherent picture of the fragmented body of knowledge on the sustainability implications of GVCs is lacking. In an attempt to delineate the most effective perspective for addressing sustainability challenges within GVCs, this review explores the main academic streams that have emerged in response to the pressing need for detailed insights into GVCs. These academic streams include sociological, economic, and management approaches. We examine the intersections and distinctions among them, evaluating whether they converge or diverge in addressing sustainability within GVCs. By discussing the limitations and potential of these approaches, we suggest a possible integrated and appropriate research agenda to achieve an encompassing and still operative perspective to address current sustainability challenges.

Keywords: governance; literature review; global value chains; supply chain management; sustainability (search for similar items in EconPapers)
JEL-codes: F18 F23 F6 M14 M21 Q5 (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1146/annurev-resource-101623-102101

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