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.
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Edited by Stefano Ponte, Gary Gereffi and Gale Raj-Reichert
The Role of Chinese and European MNEs
Xiaolan Fu, Owusu Essegbey and Godfred K. Frempong
Drawing on original research, Multinationals, Local Capacity Building and Development presents an extensive analysis of MNEs in Africa, taking Ghana as a case study, and broaching subject matter previously unaddressed in the field. Looking at MNEs impacts – both positive and negative – this book examines skill transfer from foreign management to local workers, the impact of MNEs on the improvement of local production capabilities, as well as their contributions to sustainable development goals.
The Role of Science and Multinationals
Edited by Grazia D. Santangelo
This book tackles the issue of technological and economic catch-up by examining the role that public research institutions and local policy play in the promotion of this process by fostering local science–technology linkages with incoming foreign-owned multinationals. Although the book comprises various techno-socio-economic contexts and different methodological perspectives, the authors share the idea that public research, educational and political institutions provide capabilities in basic research and training of highly skilled labour, while private corporations establish networking connections with scientific and professional communities (and therefore access to knowledge and contacts) in other parts of the world.