Handbook of the International Political Economy of the Corporation
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Handbook of the International Political Economy of the Corporation

Edited by Andreas Nölke and Christian May

Over the past few decades, corporations have been neglected in studies of international political economy (IPE). Seeking to demystify them, what they are, how they behave and their goals and constraints, this Handbook introduces the corporation as a unit of analysis for students of IPE. Providing critical discussion of their global and domestic power, and highlighting the ways in which corporations interact with each other and with their socio-political environment, this Handbook presents a thorough and up-to-date overview of the main debates around the role of corporations in the global political economy.
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Chapter 26: Value chains and the world economy: genealogies and reformulations

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.

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