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Navigating the Complexity: The Sustainability Challenges in Global Value Chains

Author

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  • E. Berthet

    (Department of Environmental and Resource Engineering and the Center for Absolute Sustainability, Technical University of Denmark, Kongens Lyngby, Denmark)

  • I. Fusacchia

    (Department of Mathematics, Computer Science, and Economics, University of Basilicata, Potenza, Italy)

Abstract

The global value chain (GVC) framework may provide a systematic approach to depict and advance sustainable path options at the global, national, and local scales. However, a coherent picture of the fragmented body of knowledge on the sustainability implications of GVCs is lacking. In an attempt to delineate the most effective perspective for addressing sustainability challenges within GVCs, this review explores the main academic streams that have emerged in response to the pressing need for detailed insights into GVCs. These academic streams include sociological, economic, and management approaches. We examine the intersections and distinctions among them, evaluating whether they converge or diverge in addressing sustainability within GVCs. By discussing the limitations and potential of these approaches, we suggest a possible integrated and appropriate research agenda to achieve an encompassing and still operative perspective to address current sustainability challenges.

Suggested Citation

  • E. Berthet & I. Fusacchia, 2024. "Navigating the Complexity: The Sustainability Challenges in Global Value Chains," Annual Review of Resource Economics, Annual Reviews, vol. 16(1), pages 349-377, October.
    • Handle: RePEc:anr:reseco:v:16:y:2024:p:349-377
    DOI: 10.1146/annurev-resource-101623-102101
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    More about this item

    Keywords

    governance; literature review; global value chains; supply chain management; sustainability;
    All these keywords.

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F18 - International Economics - - Trade - - - Trade and Environment
    • F6 - International Economics - - Economic Impacts of Globalization
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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