UPGRADING MONGOLIA’S CAMEL WOOL INDUSTRY: OPPORTUNITIES AND CHALLENGES
Linda Tjia Yin-nor and
Guanie Lim ()
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Linda Tjia Yin-nor: City University of Hong Kong
Guanie Lim: (corresponding author) The National Graduate Institute for Policy Studies (GRIPS), Japan.
Asia-Pacific Sustainable Development Journal, 2024, vol. 31, issue 1, 237-256
Abstract:
The rising popularity of camel wool among apparel manufacturers has prompted Mongolia to firmly embed wool-processing facilities. Based on a literature review, an avenue for upgrading the camel wool industry and challenges involved are examined in this paper. Despite clear market opportunities, the challenging institutional dynamics and the country’s physical landscape have complicated the trajectory to upgrade the camel wool industry. Studies on global value chains commonly prescribe policies targeting firms and stakeholders; however, insights gained from this review suggest that equal, if not more, attention should be devoted to improving the broader institutional milieu that firms are embedded in.
Keywords: global value chains; global production networks; upgrading; industrial policy; Central Asia (search for similar items in EconPapers)
JEL-codes: L52 O13 P28 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:unt:japsdj:v:31:y:2024:i:1:p:237-256
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