Global Value Chains and Development: Redefining the Contours of 21st Century Capitalism
Open accessAbstract
Globalization has transformed how nations, firms and workers compete in the international economy over the past half century. This book by Gary Gereffi, one of the founders of the global value chains (GVC) framework, traces the emergence of arguably the most influential approach used to analyze globalization and its impacts. It studies the conceptual foundations of GVC analysis, the twin pillars of 'governance' and 'upgrading', along with detailed case studies of China, Mexico and other emerging economies as main beneficiaries of export-oriented industrialization, and addresses potential solutions to the deleterious impact of globalization on workers and communities.
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The economic sociology view of GVC remains concerned mainly with the social consequences of economic exchange and with mapping governance structures/typologies of GVCs and their consequences for local upgrading.
“The economic sociology view of GVC remains concerned mainly with the social consequences of economic exchange, and with mapping the governance structures/developing typologies of GVCs and their consequences for local upgrading (Gereffi, 2018;Gereffi et al., 2005;Humphrey & Schmitz, 2002).”
From Global value chains: A review of the multi-disciplinary literature (2020) · cites this paper as Gereffi, 2018
GVCs are not only impacted by, but also influence the macro-environment; sustainability impacts of GVCs and associated policy implications have invited much scholarly and practitioner dialogue.
“GVCs are not only impacted by, but also influence the macro-environment; specifically, sustainability impacts of GVCs and associated policy implications have to date invited much scholarly and practitioner dialogue (Coe & Yeung, 2015;Gereffi, 2018).”
From Global value chains: A review of the multi-disciplinary literature (2020) · cites this paper as Gereffi, 2018
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“…(Keohane and Nye 1977; Sargent 2015), and this has become a defining feature of our epoch of dense trade in parts and components, vast transnational, financial and digital flows, and networked infrastructures (see respectively Davis and Kim 2015; Gereffi 2018; Kokas 2022; Schindler and Kanai 2021).”
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- Authors
- Gereffi, G.
- Affiliations
- Duke University (US)
- Corresponding author
- Gereffi, Gary
- ORCID
- Gereffi, Gary
- Venue
- Cambridge University Press eBooks
- Publisher
- Cambridge University Press
- Published
- 2018-11-09
- OpenAlex
- W2924601890
- Cited by
- 452
- References
- 23
- Citations by year
- 2026: 110 · 2025: 81 · 2024: 48 · 2023: 45 · 2022: 37 · 2021: 40 · 2020: 54 · 2019: 35 · 2018: 2
- FWCI
- 54.43
- Type
- book
- Language
- en
- Open access
- bronze
- doi.org
- Locations
- Cambridge University Press eBooks (publishedVersion)
- Funders
- Sage Foundation
- Princeton University
- Temple University
- University of Cambridge
- Topics
- Social Sciences › Business, Management and Accounting › Strategy and Management › Global trade, sustainability, and social impact
- Social Sciences › Development › Software Engineering and Design Patterns
- Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Global trade and economics
- Keywords
- global value chains, globalization, GVC governance, GVC upgrading, export-oriented industrialization, emerging markets, China, Mexico, international division of labor
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