Introduction: setting up the stage

.

Chapter 1 in The Contest for Value in Global Value Chains, 2021, pp 1-13 from Edward Elgar Publishing

Abstract: This introductory chapter presents the theoretical puzzle that triggered the writing of the book, namely who captures the vast value created by the global apparel supply chain. We present the tension between claims that the global brands exploit their market power to appropriate disproportionate shares of value and continuous reduction in apparel prices. We introduce the foundation of the approach we had taken to examine this puzzle in separating value creation from value appropriation and measuring them in relation to each other. The chapter concludes by presenting the historical evolution of global supply chains as discourse of changing balance between capital and labor, and presents major contemporary challenges, in the face of rising protectionist measures whose liberalization in previous decades gave rise to global supply chains, and the impact of the global pandemics on the future of global supply chains.

Keywords: Business and Management; Economics and Finance (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/view/9781800882140.00008.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

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:elg:eechap:20514_1

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().