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A dynamic model of global value network governance

Author

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  • Giorgos Galanis

    (Goldsmiths, University of London, UK)

  • Ashok Kumar

Abstract

This paper presents a novel understanding of the changing governance structures in global supply chains. Motivated by the global garment sector, we develop a geographical political economy dynamic model that reflects the interaction between bargaining power and distribution of value among buyer and producer firms. We find that the interplay between these two forces, in combination with the spatial specificities of global production and consolidation, can drive governance structures towards a more symbiotic position.

Suggested Citation

  • Giorgos Galanis & Ashok Kumar, 2021. "A dynamic model of global value network governance," Environment and Planning A, , vol. 53(1), pages 53-72, February.
    • Handle: RePEc:sae:envira:v:53:y:2021:i:1:p:53-72
    DOI: 10.1177/0308518X20924442
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    References listed on IDEAS

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