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The Governance of Global Value Chains and the Effects of the Global Financial Crisis Transmitted to Producers in Africa and Asia

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  • Jodie-Anne Keane

Abstract

This article uses a global value chain (GVC) approach to trace the effects of the Global Financial Crisis (GFC) transmitted to low income producers in Africa and Asia through trade. It explores how the governance structures associated with different types of GVC determined producers' vulnerability to the exogenous trade shock of 2008. It contextualises the GVC concept of governance with regards to specific country case studies. This is through elaboration of the links between internal GVC governance structures to firms, with external structures, negotiated by governments. These modalities are shown to have resulted in differentiated effects of the GFC being transmitted to producers.

Suggested Citation

  • Jodie-Anne Keane, 2012. "The Governance of Global Value Chains and the Effects of the Global Financial Crisis Transmitted to Producers in Africa and Asia," Journal of Development Studies, Taylor & Francis Journals, vol. 48(6), pages 783-797, June.
    • Handle: RePEc:taf:jdevst:v:48:y:2012:i:6:p:783-797
    DOI: 10.1080/00220388.2011.649260
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    1. Minot, Nicholas & Ngigi, Margaret, 2004. "Are horticultural exports a replicable success story?: evidence from Kenya and Côte d'Ivoire," EPTD discussion papers 120, International Food Policy Research Institute (IFPRI).
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    Cited by:

    1. McWilliam, Sarah E. & Kim, Jung Kwan & Mudambi, Ram & Nielsen, Bo Bernhard, 2020. "Global value chain governance: Intersections with international business," Journal of World Business, Elsevier, vol. 55(4).
    2. Guannan Miao, 2023. "SouthAfricasintegrationintoglobalvaluechainsstatusrisksandchallenges," Working Papers 11040, South African Reserve Bank.
    3. Andrea Elteto & Andrea Szalavetz & Gabor Tury & Aniko Magashazi, 2015. "Upgrading of Hungarian subsidiaries in machinery and automotive global value chains," IWE Working Papers 217, Institute for World Economics - Centre for Economic and Regional Studies.
    4. Ana Luiza Cortez & Mehmet Arda, 2014. "Global trade rules for supporting development in the post-2015 era," CDP Background Papers 019, United Nations, Department of Economics and Social Affairs.
    5. Bhushan Praveen Jangam & Hari Venkatesh, 2022. "Global Value Chains and Exchange Rate Disconnect," Economic Papers, The Economic Society of Australia, vol. 41(4), pages 347-359, December.
    6. Pierre Claver Bitama & Philippe Lebailly & Patrice Ndimanya & Philippe Burny, 2019. "Global Value Chain Governance and Relation between Local Actors in the Burundian Tea Sector," International Review of Management and Marketing, Econjournals, vol. 9(6), pages 105-111.
    7. Mostafiz, Md Imtiaz & Musteen, Martina & Saiyed, Abrarali & Ahsan, Mujtaba, 2022. "COVID-19 and the global value chain: Immediate dynamics and long-term restructuring in the garment industry," Journal of Business Research, Elsevier, vol. 139(C), pages 1588-1603.
    8. Purnomo, Herry & Okarda, Beni & Dewayani, Ade Ayu & Ali, Made & Achdiawan, Ramadhani & Kartodihardjo, Hariadi & Pacheco, Pablo & Juniwaty, Kartika S., 2018. "Reducing forest and land fires through good palm oil value chain governance," Forest Policy and Economics, Elsevier, vol. 91(C), pages 94-106.
    9. Guannan Miao, 2023. "South Africas integration into global value chains status risks and challenges," Working Papers 11045, South African Reserve Bank.
    10. Thai Thi Minh & Charity Osei‐Amponsah, 2021. "Towards poor‐centred value chain for sustainable development: A conceptual framework," Sustainable Development, John Wiley & Sons, Ltd., vol. 29(6), pages 1223-1236, November.

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