Inter-firm relationships in global value chains: trends in chain governance and their policy implications
Much of international trade is coordinated by the lead firms of Global Value Chains (GVCs) and regulated through global standards. The way in which this global governance is exercised has a significant impact on the organisation of Small and Medium-sized Enterprises (SME) clusters and their upgrading opportunities. This paper is particularly concerned with the global governance structures themselves – i.e. with GVCs, global standards and their interaction. The objective of the paper is to understand this publicâ€“private institutional context for international trade. To this end, the paper looks at the following questions: What is chain governance? When does it arise? How do chain governance and global standards interact? What are the likely trends in the global governance of value chains? What is the policy relevance of these governance structures? The paper sums up the literature on local industrial development and emphasises that understanding the changes at a local level requires an understanding of the changes in global governance.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 1 (2008)
Issue (Month): 3 ()
|Contact details of provider:|| Web page: http://www.inderscience.com/browse/index.php?journalID=240|
When requesting a correction, please mention this item's handle: RePEc:ids:ijtlid:v:1:y:2008:i:3:p:258-282. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Graham Langley)
If references are entirely missing, you can add them using this form.