IDEAS home Printed from https://ideas.repec.org/a/taf/rripxx/v21y2014i1p264-274.html
   My bibliography  Save this article

Global value chains and development

Author

Listed:
  • John Ravenhill

Abstract

The adoption of the Global Value Chains framework by Multilateral Economic Institutions has led to the introduction of broader and more heterodox views of development into official discourses. When it comes to policy implications, however, the reports revert to an agenda that departs little from the Washington Consensus. Trade and investment liberalization are discussed in detail; 'complementary policies' required to promote upgrading receive scant mention. In particular, the reports neglect the role that institutions can play in overcoming coordination problems and how enhanced state capacity is required for enforcement of competition policies and for effective participation in trade negotiations.

Suggested Citation

  • John Ravenhill, 2014. "Global value chains and development," Review of International Political Economy, Taylor & Francis Journals, vol. 21(1), pages 264-274, February.
    • Handle: RePEc:taf:rripxx:v:21:y:2014:i:1:p:264-274
    DOI: 10.1080/09692290.2013.858366
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/09692290.2013.858366
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/09692290.2013.858366?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Michael Hobday, 1995. "Innovation In East Asia," Books, Edward Elgar Publishing, number 226.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Agnes Kügler & Andreas Reinstaller & Klaus S. Friesenbichler, 2023. "Can value chain integration explain the diverging economic performance within the EU?," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 50(1), pages 25-47, March.
    2. Petr Pavlínek & Jan Ženka, 2016. "Value creation and value capture in the automotive industry: Empirical evidence from Czechia," Environment and Planning A, , vol. 48(5), pages 937-959, May.
    3. Pablo Pérez-Akaki & Nadia Viridiana Vega-Vera & Yuritzi Paola Enríquez-Caballero & Marisol Velázquez-Salazar, 2021. "Designation of Origin Distillates in Mexico: Value Chains and Territorial Development," Sustainability, MDPI, vol. 13(10), pages 1-25, May.
    4. Thomas J. Bassett & Moussa Koné & Nathan R. Pavlovic, 2018. "Power Relations and Upgrading in the Cashew Value Chain of Côte d'Ivoire," Development and Change, International Institute of Social Studies, vol. 49(5), pages 1223-1247, September.
    5. Martin Schröder, 2017. "Viet Nam's Automotive Supplier Industry: Development Prospects under Conditions for Free Trade and Global Production Networks," Working Papers DP-2017-05, Economic Research Institute for ASEAN and East Asia (ERIA).
    6. Flentø, Daniel & Ponte, Stefano, 2017. "Least-Developed Countries in a World of Global Value Chains: Are WTO Trade Negotiations Helping?," World Development, Elsevier, vol. 94(C), pages 366-374.
    7. Garvan Whelan & Paul Hanly & Vincent O’Connell & Oldřich Ludwig Dittrich & Naser Abu Ghazalah, 2021. "Impact on Firm Liquidity Arising from Outsourcing Decisions as Evidenced by Off-Balance-Sheet Disclosures," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 27(1), pages 17-27, February.
    8. Gonzalez Laxe, Fernando & Armesto Pina, José Francisco & Sanchez-Fernandez, Patricio, 2022. "Implicaciones de la Economía Mundial en Galicia [Implications of the World Economy in Galicia]," MPRA Paper 113179, University Library of Munich, Germany.
    9. Kim P. Bryceson & Anne Ross, 2020. "Agrifood Chains as Complex Systems and the Role of Informality in Their Sustainability in Small Scale Societies," Sustainability, MDPI, vol. 12(16), pages 1-20, August.
    10. Soo Yeon Kim & B. Peter Rosendorff, 2021. "Firms, states, and global production," Economics and Politics, Wiley Blackwell, vol. 33(3), pages 405-414, November.
    11. Sun, Yutao & Grimes, Seamus, 2016. "China’s increasing participation in ICT’s global value chain: A firm level analysis," Telecommunications Policy, Elsevier, vol. 40(2), pages 210-224.
    12. Upalat Korwatanasakul, 2023. "Thailand and the Middle-Income Trap: An Analysis from the Global Value Chain Perspective," PIER Discussion Papers 202, Puey Ungphakorn Institute for Economic Research.
    13. Laurids S. Lauridsen, 2018. "New economic globalization, new industrial policy and late development in the 21st century: A critical analytical review," Development Policy Review, Overseas Development Institute, vol. 36(3), pages 329-346, May.
    14. Anatoliy G. Goncharuk, 2016. "The Challenges of Efficiency and Security of International Food Value Chains," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 5(4), pages 241-249, November.
    15. Jung-In Yeon & Jeong-Dong Lee & Chulwoo Baek, 2021. "A tale of two technological capabilities: economic growth revisited from a technological capability transition perspective," The Journal of Technology Transfer, Springer, vol. 46(3), pages 574-605, June.
    16. Berger, Axel & Bruhn, Dominique & Bender, Andrea & Friesen, Julia & Kick, Katharina & Kullmann, Felix & Roßner, Robert & Weyrauch, Svenja, 2016. "Deep preferential trade agreements and upgrading in global value chains: the case of Vietnam," IDOS Studies, German Institute of Development and Sustainability (IDOS), volume 92, number 92, July.
    17. Mariane Santos Françoso & Moritz Breul & Celio Hiratuka, 2019. "The spatial organization of oil and gas investments in South America: an analysis based on communities [A organização espacial dos investimentos em petróleo e gás na América do Sul: uma análise basead," Nova Economia, Economics Department, Universidade Federal de Minas Gerais (Brazil), vol. 29(3), pages 795-815, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Wei ZHAO & Rigas ARVANITIS, 2008. "L’INeGAL DeVELOPPEMENT INDUSTRIEL DE LA CHINE : CAPACITeS D’INNOVATION ET COEXISTENCE DE DIFFeRENTS MODES D’APPRENTISSAGE TECHNOLOGIQUE," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 28, pages 61-85.
    2. Dowling, Malcolm & Ray, David, 2000. "The structure and composition of international trade in Asia:: historical trends and future prospects," Journal of Asian Economics, Elsevier, vol. 11(3), pages 301-318, December.
    3. Markusen, James R. & Venables, Anthony J., 1999. "Foreign direct investment as a catalyst for industrial development," European Economic Review, Elsevier, vol. 43(2), pages 335-356, February.
    4. Heather Smith, 1999. "The Failure of Korea Inc," Agenda - A Journal of Policy Analysis and Reform, Australian National University, College of Business and Economics, School of Economics, vol. 6(2), pages 153-166.
    5. Can Huang & Naubahar Sharif, 2016. "Global technology leadership: The case of China," Science and Public Policy, Oxford University Press, vol. 43(1), pages 62-73.
    6. Francesco Quatraro & Marco Vivarelli, 2015. "Drivers of Entrepreneurship and Post-entry Performance of Newborn Firms in Developing Countries," The World Bank Research Observer, World Bank, vol. 30(2), pages 277-305.
    7. Rajah Rasiah & Yap Xiao Shan, 2016. "Institutional support, technological capabilities and domestic linkages in the semiconductor industry in Singapore," Asia Pacific Business Review, Taylor & Francis Journals, vol. 22(1), pages 180-192, January.
    8. Jahan Ara Peerally & John Cantwell, 2011. "The Impact Of Trade Policy Regimes On Firms' Learning For Innovation From Suppliers," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 15(01), pages 29-68.
    9. Tirta Mursitama, 2006. "Creating relational rents: The effect of business groups on affiliated firms’ performance in Indonesia," Asia Pacific Journal of Management, Springer, vol. 23(4), pages 537-557, December.
    10. Lee, Ting-Lin & von Tunzelmann, Nick, 2005. "A dynamic analytic approach to national innovation systems: The IC industry in Taiwan," Research Policy, Elsevier, vol. 34(4), pages 425-440, May.
    11. Bryan K. Ritchie, 2004. "Politics and Economic Reform in Malaysia," William Davidson Institute Working Papers Series 2004-655, William Davidson Institute at the University of Michigan.
    12. Fu-Lai Tony Yu, 2009. "Taiwan's Entrepreneurs and International Coordination: Evolution of Global Production Network in Electronics and IT Industries," Global Economic Review, Taylor & Francis Journals, vol. 38(1), pages 49-62.
    13. repec:ilo:ilowps:369852 is not listed on IDEAS
    14. J H Chen & T S Jan, 2005. "A system dynamics model of the semiconductor industry development in Taiwan," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 56(10), pages 1141-1150, October.
    15. Hye-Ran Hwang & Jae-Yong Choung, 2014. "The Co-evolution of Technology and Institutions in the Catch-up Process: The Case of the Semiconductor Industry in Korea and Taiwan," Journal of Development Studies, Taylor & Francis Journals, vol. 50(9), pages 1240-1260, September.
    16. Alireza Naghavi, 2007. "Strategic Intellectual Property Rights Policy and North-South Technology Transfer," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 143(1), pages 55-78, April.
    17. Cusmano, Lucia & Morrison, Andrea & Rabellotti, Roberta, 2010. "Catching up Trajectories in the Wine Sector: A Comparative Study of Chile, Italy, and South Africa," World Development, Elsevier, vol. 38(11), pages 1588-1602, November.
    18. Keijiro Otsuka, 2020. "Strategy for Cluster-Based Industrial Development in Developing Countries," Discussion Papers 2019, Graduate School of Economics, Kobe University.
    19. Intarakumnerd, Patarapong & Chairatana, Pun-arj & Tangchitpiboon, Tipawan, 2002. "National innovation system in less successful developing countries: the case of Thailand," Research Policy, Elsevier, vol. 31(8-9), pages 1445-1457, December.
    20. William Latham & Christian Le Bas & Dmitry Volodin, 2012. "Mobility, Productivity and Patent Value for Asian Prolific Inventors : China, Japan, Korea and Taiwan, 1975 - 2010," Working Papers halshs-00734980, HAL.
    21. Jiang, Shisong & Gong, Limin & Wang, Hua & Kimble, Chris, 2016. "Institution, strategy, and performance: A co-evolution model in transitional China," Journal of Business Research, Elsevier, vol. 69(9), pages 3352-3360.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rripxx:v:21:y:2014:i:1:p:264-274. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rrip20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.