IDEAS home Printed from https://ideas.repec.org/a/oup/cjrecs/v15y2022i2p165-181..html
   My bibliography  Save this article

Globalisation in reverse? Reconfiguring the geographies of value chains and production networks
[Does Covid-19 Spark the End of Globalisation?]

Author

Listed:
  • Huiwen Gong
  • Robert Hassink
  • Christopher Foster
  • Martin Hess
  • Harry Garretsen

Abstract

Standing at a crossroads, where ongoing ‘slowbalisation’ coincides with new forces such as the outbreak of the Covid-19 pandemic, heightened geopolitical tensions, the emergence of disruptive technologies and the increasing urgency of addressing environmental challenges, many important questions remain unsolved regarding the nature and impact of the current economic globalisation. This special issue on ‘Globalisation in Reverse? Reconfiguring the Geographies of Value Chains and Production Networks’ aims at showcasing recent work that seeks to contribute to, and advance, the debates on economic globalisation and the reconfiguration of global value chains and production networks. This introductory article has three objectives: first, based on a broad literature review, we aim to identify four key forces, as well as the fundamental relatively stable capitalist logics contributing to the complex reconfiguration of global economic activities. Second, we will position the papers included in this special issue against the four main forces identified and discuss the contributions of each article to capture some emerging cross-paper patterns among them. Finally, we outline the contours of a research agenda that suggests promising avenues for further investigation of the phenomenon of value chain and production network reconfigurations in times of uncertainty.

Suggested Citation

  • Huiwen Gong & Robert Hassink & Christopher Foster & Martin Hess & Harry Garretsen, 2022. "Globalisation in reverse? Reconfiguring the geographies of value chains and production networks [Does Covid-19 Spark the End of Globalisation?]," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 15(2), pages 165-181.
  • Handle: RePEc:oup:cjrecs:v:15:y:2022:i:2:p:165-181.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1093/cjres/rsac012
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Steven Brakman & Harry Garretsen & Arjen Witteloostuijn, 2021. "Robots do not get the coronavirus: The COVID-19 pandemic and the international division of labor," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 52(6), pages 1215-1224, August.
    2. Neil M Coe & Henry Wai-chung Yeung, 2019. "Global production networks: mapping recent conceptual developments," Journal of Economic Geography, Oxford University Press, vol. 19(4), pages 775-801.
    3. Huiwen Gong & Robert Hassink & Cassandra C Wang, 2022. "Strategic coupling and institutional innovation in times of upheavals: the industrial chain chief model in Zhejiang, China [Institutional change in economic geography]," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 15(2), pages 279-303.
    4. Dachs, Bernhard & Kinkel, Steffen & Jäger, Angela, 2019. "Bringing it all back home? Backshoring of manufacturing activities and the adoption of Industry 4.0 technologies," Journal of World Business, Elsevier, vol. 54(6), pages 1-1.
    5. Christopher Foster & Mark Graham & Laura Mann & Timothy Waema & Nicolas Friederici, 2018. "Digital Control in Value Chains: Challenges of Connectivity for East African Firms," Economic Geography, Taylor & Francis Journals, vol. 94(1), pages 68-86, January.
    6. Dani Rodrik, 2016. "Premature deindustrialization," Journal of Economic Growth, Springer, vol. 21(1), pages 1-33, March.
    7. Yap, Xiao-Shan & Truffer, Bernhard, 2019. "Shaping selection environments for industrial catch-up and sustainability transitions: A systemic perspective on endogenizing windows of opportunity," Research Policy, Elsevier, vol. 48(4), pages 1030-1047.
    8. David A Wolfe & Richard J DiFrancesco & Steven C Denney, 2022. "Localization of global networks: new mandates for MNEs in Toronto’s innovation economy [Why software is eating the world]," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 15(2), pages 323-342.
    9. Michael Dunford & Weidong Liu, 2017. "Uneven and combined development," Regional Studies, Taylor & Francis Journals, vol. 51(1), pages 69-85, January.
    10. Henry Wai-chung Yeung, 2015. "Regional development in the global economy: A dynamic perspective of strategic coupling in global production networks," Regional Science Policy & Practice, Wiley Blackwell, vol. 7(1), pages 1-23, March.
    11. David Bailey & Lisa De Propris, 2014. "Editor's choice Manufacturing reshoring and its limits: the UK automotive case," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 7(3), pages 379-395.
    12. Golgeci, Ismail & Makhmadshoev, Dilshod & Demirbag, Mehmet, 2021. "Global value chains and the environmental sustainability of emerging market firms: A systematic review of literature and research agenda," International Business Review, Elsevier, vol. 30(5).
    13. Jacopo Canello & Giulio Buciuni & Gary Gereffi, 2022. "Reshoring by small firms: dual sourcing strategies and local subcontracting in value chains [The importance of being a capable supplier: Italian industrial firms in global value chains]," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 15(2), pages 237-259.
    14. Carolin Hulke & Linus Kalvelage & Jim Kairu & Javier Revilla Diez & Lucas Rutina, 2022. "Navigating through the storm: conservancies as local institutions for regional resilience in Zambezi, Namibia [From domestic to regional to global: Factory Africa and factory Latin America?: Chapte," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 15(2), pages 305-322.
    15. Gary Gereffi, 2020. "What does the COVID-19 pandemic teach us about global value chains? The case of medical supplies," Journal of International Business Policy, Palgrave Macmillan, vol. 3(3), pages 287-301, September.
    16. Gary Gereffi & Hyun-Chin Lim & Joonkoo Lee, 2021. "Trade policies, firm strategies, and adaptive reconfigurations of global value chains," Journal of International Business Policy, Palgrave Macmillan, vol. 4(4), pages 506-522, December.
    17. Michiel van Meeteren & Jana Kleibert, 2022. "The global division of labour as enduring archipelago: thinking through the spatiality of ‘globalisation in reverse’ [Uneven and combined state capitalism]," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 15(2), pages 389-406.
    18. Natsuki Kamakura, 2022. "From globalising to regionalising to reshoring value chains? The case of Japan’s semiconductor industry [Reorienting the drivers of development: alternative paradigms]," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 15(2), pages 261-277.
    19. Rasmus Lema & Xiaolan Fu & Roberta Rabellotti, 2020. "Green windows of opportunity: latecomer development in the age of transformation toward sustainability," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 29(5), pages 1193-1209.
    20. Tianlan Fu & Yeqing Cheng, 2022. "Regionalisation or domesticalisation? Configurations of China’s emerging domestic market-driven industrial robot production networks [Shifting regional dynamics of global value chains: implications," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 15(2), pages 343-365.
    21. Stefano Elia & Luciano Fratocchi & Paolo Barbieri & Albachiara Boffelli & Matteo Kalchschmidt, . "Post-pandemic reconfiguration from global to domestic and regional value chains: the role of industrial policies," UNCTAD Transnational Corporations Journal, United Nations Conference on Trade and Development.
    22. Binz, Christian & Gosens, Jorrit & Hansen, Teis & Hansen, Ulrich Elmer, 2017. "Toward Technology-Sensitive Catching-Up Policies: Insights from Renewable Energy in China," World Development, Elsevier, vol. 96(C), pages 418-437.
    23. Haiou Mao & Holger Görg, 2020. "Friends like this: The impact of the US–China trade war on global value chains," The World Economy, Wiley Blackwell, vol. 43(7), pages 1776-1791, July.
    24. Steven Brakman & Charles van Marrewijk, 2022. "Tasks, occupations and slowbalisation: on the limits of fragmentation [Global value chains]," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 15(2), pages 407-436.
    25. Williamson, Peter, 2021. "De-Globalisation and Decoupling: Post-COVID-19 Myths versus Realities," Management and Organization Review, Cambridge University Press, vol. 17(1), pages 29-34, February.
    26. Binz, Christian & Truffer, Bernhard, 2017. "Global Innovation Systems—A conceptual framework for innovation dynamics in transnational contexts," Research Policy, Elsevier, vol. 46(7), pages 1284-1298.
    27. Coe, Neil M. & Yeung, Henry Wai-chung, 2015. "Global Production Networks: Theorizing Economic Development in an Interconnected World," OUP Catalogue, Oxford University Press, number 9780198703914.
    28. Raffaele Giammetti & Luca Papi & Désirée Teobaldelli & Davide Ticchi, 2022. "The network effect of deglobalisation on European regions [De-globalisation? Global value chain in the post-COVID-19 age]," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 15(2), pages 207-235.
    29. Finbarr Livesey, 2018. "Commentary Unpacking the possibilities of deglobalisation," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 11(1), pages 177-187.
    30. Henry Wai-chung Yeung, 2022. "Explaining Geographic Shifts of Chip Making toward East Asia and Market Dynamics in Semiconductor Global Production Networks," Economic Geography, Taylor & Francis Journals, vol. 98(3), pages 272-298, May.
    31. Butollo, Florian, 2021. "Digitalization and the geographies of production: Towards reshoring or global fragmentation?," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 25(2), pages 259-278.
    32. Martin Kenney & Petri Rouvinen & Timo Seppälä & John Zysman, 2019. "Platforms and industrial change," Industry and Innovation, Taylor & Francis Journals, vol. 26(8), pages 871-879, September.
    33. Ron Martin & Peter Tyler & Michael Storper & Emil Evenhuis & Amy Glasmeier, 2018. "Globalisation at a critical conjuncture?," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 11(1), pages 3-16.
    34. Pierre-Alexandre Balland & Ron Boschma & Joan Crespo & David L. Rigby, 2019. "Smart specialization policy in the European Union: relatedness, knowledge complexity and regional diversification," Regional Studies, Taylor & Francis Journals, vol. 53(9), pages 1252-1268, September.
    35. Binz, Christian & Truffer, Bernhard & Li, Li & Shi, Yajuan & Lu, Yonglong, 2012. "Conceptualizing leapfrogging with spatially coupled innovation systems: The case of onsite wastewater treatment in China," Technological Forecasting and Social Change, Elsevier, vol. 79(1), pages 155-171.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Thomas SJ Smith, 2023. "Mapping complexity in deglobalisation: A typology of economic localisms from ‘hyper-localism’ to ‘strategic autonomy’," Local Economy, London South Bank University, vol. 38(3), pages 242-263, May.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ron Boschma, 2021. "Global Value Chains from an Evolutionary Economic Geography perspective: a research agenda," Papers in Evolutionary Economic Geography (PEEG) 2134, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Nov 2021.
    2. Natsuki Kamakura, 2022. "From globalising to regionalising to reshoring value chains? The case of Japan’s semiconductor industry [Reorienting the drivers of development: alternative paradigms]," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 15(2), pages 261-277.
    3. Jana M. Kleibert & Laura Mann, 2020. "Capturing Value amidst Constant Global Restructuring? Information-Technology-Enabled Services in India, the Philippines and Kenya," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 32(4), pages 1057-1079, September.
    4. Jana M. Kleibert & Laura Mann, 0. "Capturing Value amidst Constant Global Restructuring? Information-Technology-Enabled Services in India, the Philippines and Kenya," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 0, pages 1-23.
    5. Liena Kano & Eric W. K. Tsang & Henry Wai-chung Yeung, 2020. "Global value chains: A review of the multi-disciplinary literature," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 51(4), pages 577-622, June.
    6. Mann, Laura & Kleibert, Jana Maria, 2020. "Capturing value amidst constant global restructuring? Information technology enabled services in India, the Philippines and Kenya," LSE Research Online Documents on Economics 103356, London School of Economics and Political Science, LSE Library.
    7. Deyu Li & Floor Alkemade & Koen Frenken & Gaston Heimeriks, 2023. "Catching up in clean energy technologies: a patent analysis," The Journal of Technology Transfer, Springer, vol. 48(2), pages 693-715, April.
    8. Kleibert, Jana M. & Mann, Laura, 2020. "Capturing Value amidst Constant Global Restructuring? Information-Technology-Enabled Services in India, the Philippines and Kenya," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 32(4), pages 1057-1079.
    9. Huiwen Gong & Robert Hassink & Cassandra C Wang, 2022. "Strategic coupling and institutional innovation in times of upheavals: the industrial chain chief model in Zhejiang, China [Institutional change in economic geography]," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 15(2), pages 279-303.
    10. 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.
    11. Gavin Bridge & Alexander Dodge, 2022. "Regional assets and network switching: shifting geographies of ownership, control and capital in UK offshore oil [Temporality and the evolution of GPNs: remaking BHP’s Pilbara iron ore network]," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 15(2), pages 367-388.
    12. Huiwen Gong & Robert Hassink & Cassandra Wang, 2021. "Strategic coupling and regional resilience in times of uncertainty: the industrial chain chief model in Zhejiang, China," PEGIS geo-disc-2021_06, Institute for Economic Geography and GIScience, Department of Socioeconomics, Vienna University of Economics and Business.
    13. Khorana, Sangeeta & Escaith, Hubert & Ali, Salamat & Kumari, Sushma & Do, Quynh, 2022. "The changing contours of global value chains post-COVID: Evidence from the Commonwealth," Journal of Business Research, Elsevier, vol. 153(C), pages 75-86.
    14. 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).
    15. Jung-In Yeon & Sojung Hwang & Bogang Jun, 2022. "The spillover effect of neighboring port on regional industrial diversification and regional economic resilience," Papers 2204.00189, arXiv.org.
    16. Fuenfschilling, Lea & Binz, Christian, 2018. "Global socio-technical regimes," Research Policy, Elsevier, vol. 47(4), pages 735-749.
    17. Henry Wai-chung Yeung, 2021. "The trouble with global production networks," Environment and Planning A, , vol. 53(2), pages 428-438, March.
    18. Azmeh, Shamel & Nguyen, Huong & Kuhn, Marlene, 2022. "Automation and industrialisation through global value chains: North Africa in the German automotive wiring harness industry," Structural Change and Economic Dynamics, Elsevier, vol. 63(C), pages 125-138.
    19. Niraja Srinivasan & Lorraine Eden, 2021. "Going digital multinationals: Navigating economic and social imperatives in a post-pandemic world," Journal of International Business Policy, Palgrave Macmillan, vol. 4(2), pages 228-243, June.
    20. Louise Curran & Jappe Eckhardt, 2023. "The EU's COVID‐19 policy response and the restructuring of global value chains," Global Policy, London School of Economics and Political Science, vol. 14(S3), pages 30-39, July.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:cjrecs:v:15:y:2022:i:2:p:165-181.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/cjres .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.