Why the World Suddenly Cares About Global Supply Chains

Why the World Suddenly Cares About Global Supply Chains
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Listing Type: Publications

Gary Gereffi | Joonkoo Lee

The global value chain (GVC) concept has gained popularity as a way to analyze the international expansion and geographical fragmentation of contemporary supply chains and value creation and capture therein. It has been used broadly in academic publications that examine a wide range of global industries, and by many of the international organizations concerned with economic development. This note highlights some of the main features of GVC analysis and discusses the relationship between the core concepts of governance and upgrading.

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