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Using the global value chain framework to analyse and tackle global environmental crises

Author

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  • Valentina Marchi

    (University of Padova)

  • Gary Gereffi

    (Duke University)

Abstract

Climate crises are being experienced all over the world and appear to be accelerating as “extreme weather” events become the “new normal.” In today’s world economy, where trade and production activities are internationally dispersed and prone to disruptions, the global value chain (GVC) framework provides a systematic approach to understand and combat environmental crises and to advance sustainable development options across global, regional, and local scales. A vast “implementation deficit” characterizes sustainability efforts to date. The GVC framework incorporates firm and policymaker perspectives in a multistakeholder approach that offers multiple building blocks for a progressive environmental agenda, including: a multi-actor perspective to define sustainability; measuring it across diverse geographic scales; analysis of both environmental upgrading and downgrading; distinguishing motivations, actions, and outcomes when assessing environmental performance; viewing GVC resilience in terms of the interplay of economic and environmental forces; and highlighting how context matters in analyzing national, industry, and geopolitical factors.

Suggested Citation

  • Valentina Marchi & Gary Gereffi, 2023. "Using the global value chain framework to analyse and tackle global environmental crises," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 50(1), pages 149-159, March.
  • Handle: RePEc:spr:epolin:v:50:y:2023:i:1:d:10.1007_s40812-022-00253-x
    DOI: 10.1007/s40812-022-00253-x
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    References listed on IDEAS

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    1. Angelika Zimmermann & Nora Albers & Jasper O. Kenter, 2022. "Deliberating Our Frames: How Members of Multi-Stakeholder Initiatives Use Shared Frames to Tackle Within-Frame Conflicts Over Sustainability Issues," Journal of Business Ethics, Springer, vol. 178(3), pages 757-782, July.
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    More about this item

    Keywords

    Climate crisis; Adaptive strategies; Global value chains; Upgrading; Governance; Sustainability;
    All these keywords.

    JEL classification:

    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • F18 - International Economics - - Trade - - - Trade and Environment

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