Global Production Networks
Theorizing Economic Development in an Interconnected World
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Product details:
- Publisher OUP Oxford
- Date of Publication 30 April 2015
- ISBN 9780198703914
- Binding Paperback
- No. of pages288 pages
- Size 234x156 mm
- Weight 434 g
- Language English 0
Categories
Short description:
Globalization and supply chains have re-shaped the organization of the global economy in to global production networks. The authors provide a clear framework for understanding these developments.
MoreLong description:
Accelerating processes of economic globalization have fundamentally reshaped the organization of the global economy towards much greater integration and functional interdependence through cross-border economic activity. In this interconnected world system, a new form of economic organization has emerged: Global Production Networks (GPNs). This brings together a wide array of economic actors, most notably capitalist firms, state institutions, labour unions, consumers and non-government organizations, in the transnational production of economic value.
National and sub-national economic development in this highly interdependent global economy can no longer be conceived of, and understood within, the distinct territorial boundaries of individual countries and regions. Instead, global production networks are organizational platforms through which actors in these different national or regional economies compete and cooperate for a larger share of the creation, transformation, and capture of value through transnational economic activity. They are also vehicles for transferring the value captured between different places.
This book ultimately aims to develop a theory of global production networks that explains economic development in the interconnected global economy. While primarily theoretical in nature, it is well grounded in cutting-edge empirical work in the parallel and highly impactful strands of social science literature on the changing organization of the global economy relating to global commodity chains (GCC), global value chains (GVC), and global production networks (GPN).
Coe and Yeungs Global Production Networks is a significant addition to the diverse and rapidly growing literature on international economic development . . . The book contains numerous insights and hypotheses that can guide future empirical research, and it is likely to both sharpen theoretical debates and offer grounds for constructive dialogue among the many scholars who look at economic development through the lens of inter-firm production networks.
Table of Contents:
Global production networks 2.0
Organization
Dynamics
Strategies
Development
Praxis