Making sense of global value chain-oriented policies: The trifecta of tasks, linkages, and firms

Carlo Pietrobelli, Roberta Rabellotti and Ari Van Assche ()
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Ari Van Assche: HEC Montréal

Journal of International Business Policy, 2021, vol. 4, issue 3, No 1, 327-346

Abstract: Abstract In this article, we take stock of the nature and scope of global value chain (GVC)-oriented policies. Building on the papers that have been accepted to the special collection, we categorize GVC-oriented policies according to four different policy objectives: participation, value capture, inclusiveness, and resiliency. We compare and contrast the social and economic rationales for state intervention across the different types of GVC-oriented policies and discuss the instruments and actions at the disposal of governments to reach their policy objectives. The trifecta of tasks, linkages, and firms explains whether and how GVC-oriented policies differ from traditional public policies.

Keywords: global value chains; policy; participation; value capture; inclusiveness; resiliency (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (14)

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DOI: 10.1057/s42214-021-00117-6

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