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Global Value Chains And Industrialization
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Book Synopsis Global Value Chains and Development by : Gary Gereffi
Download or read book Global Value Chains and Development written by Gary Gereffi and published by Cambridge University Press. This book was released on 2019-01-24 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: Studies conceptual foundations of GVC analysis, twin pillars of 'governance' and 'upgrading', and detailed cases of emerging economies.
Book Synopsis Development with Global Value Chains by : Dev Nathan
Download or read book Development with Global Value Chains written by Dev Nathan and published by Cambridge University Press. This book was released on 2018-11-30 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Can firms and economies utilize global value chains for development? How can they move from low-income to middle-income and even high-income status? This book addresses these questions through a series of case studies examining upgradation and innovation by firms operating in GVCs in Asia. The countries examined are China, India, South Korea, the Philippines, and Sri Lanka, with studies of firms operating in varied sectors - aerospace components, apparel, automotive, consumer electronics including mobile phones, telecom equipment, IT software and services, and pharmaceuticals.
Book Synopsis Global Value Chains and Industrial Development by : Ikuo Kuroiwa
Download or read book Global Value Chains and Industrial Development written by Ikuo Kuroiwa and published by Springer. This book was released on 2024-03-25 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to investigate the global value chain (GVC) from a viewpoint of industrial development and examine how GVC participation, upgrading, and connectivity have affected structural transformation in developing economies. It first reviews the indexes to measure progresses in GVC participation and upgrading. Then it examines factors affecting these progresses, using original measures of connectivity, which are computed based on the complex network theory. Another distinguished feature of the study is its in-depth analyses on the relationship between economic development and GVC participation based on the hypothesis of nonlinear relationship which is drawn from authors past studies on Asian economies. Major findings include (1) inverted-U shaped relationship between backward participation and income levels, (2) U shaped relationship between forward participation and income level, (3) marginal but significant impacts of maritime and aviation connectivity on GVC participation, (4) significant and different roles of basic and advanced education on the upgrading in GVCs, and (5) the importance of technological intensities in export in sustaining economic growth.
Book Synopsis World Development Report 2020 by : World Bank
Download or read book World Development Report 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-19 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Since the 2008 global financial crisis, however, the growth of trade has been sluggish and the expansion of GVCs has stalled. Meanwhile, serious threats have emerged to the model of trade-led growth. New technologies could draw production closer to the consumer and reduce the demand for labor. And trade conflicts among large countries could lead to a retrenchment or a segmentation of GVCs. World Development Report 2020: Trading for Development in the Age of Global Value Chains examines whether there is still a path to development through GVCs and trade. It concludes that technological change is, at this stage, more a boon than a curse. GVCs can continue to boost growth, create better jobs, and reduce poverty provided that developing countries implement deeper reforms to promote GVC participation; industrial countries pursue open, predictable policies; and all countries revive multilateral cooperation.
Book Synopsis Handbook on Global Value Chains by : Stefano Ponte
Download or read book Handbook on Global Value Chains written by Stefano Ponte and published by Edward Elgar Publishing. This book was released on 2019 with total page 640 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global value chains (GVCs) are a key feature of the global economy in the 21st century. They show how international investment and trade create cross-border production networks that link countries, firms and workers around the globe. This Handbook describes how GVCs arise and vary across industries and countries, and how they have evolved over time in response to economic and political forces. With chapters written by leading interdisciplinary scholars, the Handbook unpacks the key concepts of GVC governance and upgrading, and explores policy implications for advanced and developing economies alike. p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 10.0px Arial}
Book Synopsis Industrialization in Sub-Saharan Africa by : Kaleb G. Abreha
Download or read book Industrialization in Sub-Saharan Africa written by Kaleb G. Abreha and published by World Bank Publications. This book was released on 2021-12-18 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrialization drives the sustained growth in jobs and productivity that marks the developmental take-off of most developed economies. Yet, academics and policy makers have questioned the role of manufacturing in development for late industrializers, especially ith more job creation. Industrialization drives the sustained growth in jobs and productivity that marks the developmental take-off of most developed economies. Yet, academics and policy makers have questioned the role of manufacturing in development for late industrializers, especially in view of rapid advancements in technologies and restructuring of international trade.Concurrently, industrialization and structural transformation are integral to the African Union’s Agenda 2063 and the development strategies of several countries in Sub-Saharan Africa (SSA). Given this renewed interest in industrialization across the region, a central question is not whether SSA countries should pursue industrialization as a potential path to sustainable growth but how to promote the prospects of industrialization. Industrialization in Sub-Saharan Africa: Seizing Opportunities in Global Value Chains addresses this question by reassessing the prospects for industrialization in SSA countries through integration into global value chains. It also examines the role of policy in enhancing these prospects. The main findings indicate that • SSA has not experienced premature deindustrialization; the region has witnessed substantial growth in manufacturing jobs despite a lack of improvement in the contribution of manufacturing value-added to GDP. • The region’s integration into manufacturing global value chains is reasonably high but it is dominated by exports of primary products and engagement in low-skill tasks. • Global value chain integration has led to job growth, and backward integration is associated with more job creation. The report emphasizes the role of policy in maintaining a competitive market environment, promoting productivity growth, and investing in skills development and enabling sectors such as infrastructure and finance. Policy makers can strengthen the global value chain linkages by (1) increasing the value-added content of current exports, (2) upgrading into high-skill tasks, and (3) creating comparative advantages in knowledge-intensive industries.
Book Synopsis Global Value Chains in a Changing World by : Deborah Kay Elms
Download or read book Global Value Chains in a Changing World written by Deborah Kay Elms and published by . This book was released on 2013 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: A collection of papers by some of the world's leading specialists on global value chains (GVCs). It examines how GVCs have evolved and the challenges they face in a rapidly changing world. The approach is multi-disciplinary, with contributions from economists, political scientists, supply chain management specialists, practitioners and policy-makers. Co-published with the Fung Global Institute and the Temasek
Book Synopsis Structural Transformation in South Africa by : Antonio Andreoni
Download or read book Structural Transformation in South Africa written by Antonio Andreoni and published by Oxford University Press. This book was released on 2021 with total page 411 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taking South Africa as an important case study of the challenges of structural transformation, the book offers a new micro-meso level framework and evidence linking country-specific and global dynamics of change, with a focus on the current challenges and opportunities faced by middle-income countries.
Book Synopsis Economic and Social Upgrading in Global Value Chains by : Christina Teipen
Download or read book Economic and Social Upgrading in Global Value Chains written by Christina Teipen and published by Springer Nature. This book was released on 2022-01-01 with total page 607 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates how global value chain governance, public institutions and strategies in the area of industrial policy and industrial relations by stakeholders such as national or global trade unions, governments, companies or international NGOs shape upgrading in the Global South. A special feature is its interdisciplinarity, combining sociological, economic, legal and political dimensions. Case studies systematically compare different industry trajectories. Furthermore, it encompasses far-reaching insights into the role of global value chains for development, economic catching-up of countries and socio-political aspects such as working conditions and interest representation.
Book Synopsis Global Value Chains and Industrialization by : Woojin Youn
Download or read book Global Value Chains and Industrialization written by Woojin Youn and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last two or three decades, the world economy has witnessed the rapid integration of global markets through trade. The rising integration of world markets has brought with it a disintegration of the production process. Production processes are more and more fragmented across firms and countries, and trade in goods is increasingly being replaced by trade in tasks. This represents a breakdown in the traditional mode of vertically-integrated production and goods-based trade. Some economists have called this new trade landscape “kaleidoscope comparative advantage”, while others have described it as “slicing the value chain”.Information and communication technology (ICT), in particular, has played a critical role in the changing pattern of international trade. Vertical trade across borders has made production truly global. Global firms are now finding it profitable to outsource increasing amounts of the production process abroad. Intermediate goods, such as parts and components, cross borders repeatedly and each country participating in this global supply chain creates its own value added along the production processes. Today, a huge amount of manufacturing goods are assembled in China and Mexico, but their commercial value comes from the numerous countries that participate in the global value chains. The labels “Made in China”, “Made in Mexico” or “Made in Poland” may no longer reflect the true origins of final products.The proliferation of global production networks coincides with the rise of China, India and other emerging economies as new industrial hubs and their splendid economic growth. From the late 1980s, a large number of developing economies jumped into a high growth trajectory. The growth of GDP per capita nearly tripled from around 2 percent in the 1980s to almost 6 percent before the global economic crisis of 2008. In particular, the catch-up of emerging market economies for the past two decades has been more broadly based than in the past. China has been at the forefront, followed by a group of successful developing countries in Asia, Eastern Europe and Latin America. China's economic catch-up in terms of income per capita over the last two decades has been incomparable to other countries.Some argue that the modern form of global supply chains is making it easier for emerging economies to industrialize. Business-friendly government, huge labor forces and lower wages are sufficient conditions to attract global trading firms. In return, foreign firms provide technology and management. On the other hand, their unprecedented industrialization is transforming the global economy with deep implications for production, trade, and the distribution of incomes. The rise of China and other emerging economies has continued to disrupt the labor markets in a wide range of manufacturing industries of developed countries, while having simultaneously provided new opportunities for off-shoring to global firms. There have been growing concerns and sentiments in the U.S., Europe and Japan that the new trade reality has been linked to declines in manufacturing employment and wages in traditional industrial sectors, which, in turn, have fuelled demands for the return of industrial policies and trade protection in these countries.
Book Synopsis Global Value Chains and Industrialization in Africa by : Bernard Nguekeng
Download or read book Global Value Chains and Industrialization in Africa written by Bernard Nguekeng and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Role of Newly Industrialized Economies in Global Value Chains by : Dominik Boddin
Download or read book The Role of Newly Industrialized Economies in Global Value Chains written by Dominik Boddin and published by International Monetary Fund. This book was released on 2016-10-17 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: In light of increased vertical specialization and the dominance of trade in intermediates rather than final goods, this paper seeks to raise awareness of the limitations of traditional trade measures on a gross output basis. To do so, this paper uses the WIOD, a world input output table, as an alternative trade measure to analyze the role of six newly industrialized economies in global value chains. The differences between measures on a gross output basis and value added basis are striking. Export shares measured by both methods differed by more than 20 percent for some industries. These findings highlight the need for more sophisticated world input output data to form a better understanding of global trade dynamics and country interdependencies.
Book Synopsis Global Value Chains: What are the Benefits and Why Do Countries Participate? by : Ms.Faezeh Raei
Download or read book Global Value Chains: What are the Benefits and Why Do Countries Participate? written by Ms.Faezeh Raei and published by International Monetary Fund. This book was released on 2019-01-18 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last two decades, world trade and production have become increasingly organized around global value chains (GVC). Recent theoretical work has shown that countries can benefit from participation in GVCs through multiple channels. However, little is known empirically about the economic importance of supply chains. We use the Eora MRIO database to compute different measures of GVC participation for 189 countries and illustrate global patterns of supply chains as well as their evolution over time in order to contribute to this topic. We find that GVC-related trade, rather than conventional trade, has a positive impact on income per capita and productivity, however there is large heterogeneity and the gains appear more signifcant for upper-middle and high-income countries. We document that “moving up” to more high-tech sectors while participating in major supply chains does take place but is not universal, suggesting other factors matter. We confirm the findings of the standard gravity literature for GVC trade; highlighting the key role of institutional features such as contract enforcement and the quality of infrastructure as determinants of GVC participation.
Book Synopsis Interconnected Economies Benefiting from Global Value Chains by : OECD
Download or read book Interconnected Economies Benefiting from Global Value Chains written by OECD and published by OECD Publishing. This book was released on 2013-05-28 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines how global value chains have evolved and the policy challenges they have created.
Book Synopsis Industrialization and Global Value Chain Participation by : Yurendra Basnett
Download or read book Industrialization and Global Value Chain Participation written by Yurendra Basnett and published by . This book was released on 2014 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Global Value Chain Development Report 2021 by : Banque asiatique de développement
Download or read book Global Value Chain Development Report 2021 written by Banque asiatique de développement and published by . This book was released on 2022-01-25 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A radical shift is underway in global value chains as they increasingly move beyond traditional manufacturing processes to services and other intangible assets. Digitization is a leading factor in this transformation, which is being accelerated by the coronavirus disease (COVID-19) pandemic. The Global Value Chain Development Report, the third of a biennial series, explores this shift beyond production. The report shows how the rise of services value chains offers a new path to development and how protectionism and geopolitical tensions, environmental risks, and pandemics are undermining the stability of global value chains and forcing their reorganization geographically. It is co-published by the WTO, the Asian Development Bank, the Research Institute for Global Value Chains at the University of International Business and Economics, the Institute of Developing Economies, and the China Development Research Foundation.
Book Synopsis Measuring and Analyzing the Impact of GVCs on Economic Development by : World Trade Organization
Download or read book Measuring and Analyzing the Impact of GVCs on Economic Development written by World Trade Organization and published by World Trade Organization. This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report is about a huge contribution to our deepening understanding of what the global economy really means and how it is changing. The report helpfully distinguishes elements of an economy that are tradable and the large set that are non-tradable. Clearly the tradables set is expanding with the support of enabling technology. The report argues that connectivity in the networks that define the evolving architecture of GVCs is important. This Global Value Chain Development Report is the result of intensive and detailed work in assembling and analyzing data on the structure of economies and on how they are linked. It creates a much clearer picture of evolving patterns of independence. It also presents a much clearer picture of comparative advantage. --Publisher description.
