Handbook on Global Value Chains
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Handbook on Global Value Chains

Edited by Stefano Ponte, Gary Gereffi and Gale Raj-Reichert

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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Chapter 2: Global value chain analysis: a primer (second edition)

Karina Fernandez-Stark and Gary Gereffi


This chapter provides an overview of the key concepts and methodological tools used in GVC analysis. During the past decade, interest and use of the GVC framework have grown exponentially among academics, development practitioners, policymakers and a wide range of international organizations and agencies concerned with economic, social and environmental issues. The chapter employs an expository style and recent research examples as an entry point for those wishing to better understand and use the GVC framework to analyse how local actors (firms, communities, workers) are linked to and affected by major transformations in the global economy. It introduces a number projects led by the Duke University Global Value Chains Center, with an explicit discussion of local upgrading and policy options.

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