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Liam Campling and Benjamin Selwyn

Global commodity chain, global value chain and global production network (GCC/GVC/GPN) approaches (here simply labelled GVC analysis) are part and parcel of mainstream development theory and practice. This chapter introduces and discusses critically these approaches. It: (1) describes their utility in understanding globalizing processes; (2) traces their lineage and evolution; (3) highlights and explains their key concepts; (4) illuminates some of their limitations; and (5) identifies ways in which they can be advanced further.