Global value chains (GVCs) have been a feature of the international economic architecture for many years, but scholarly interest in the phenomenon is more recent. Today that interest is intense, emanating from an array of academic disciplines as well as from the policy world. The literature that attempts to understand and explain GVCs is vast, multidisciplinary and no less complex than the phenomenon itself. This volume, jointly produced by the Fung Global Institute and the World Trade Organization, is an attempt to capture the core features and themes of the exploding literature on GVCs.
Contents Part I. Supply Chain Perspectives 1. Supply chains in the economics literature
2. Supply chains in the business literature
Part II. Supply Chain Issues 3. Supply chains and offshoring
4. Supply chains, upgrading and development
5. Supply chains and risk
6. Supply chains and SMEs
7. Supply chains and services
8. Supply chains and trade in value-added
9. Supply chains and business models
10. Supply chains and sustainability
11. Supply chains and trade policy
12. Supply chains and trade finance
About the Author: Albert Park is a research analyst in Global Supply Chains at the Fung Global Institute (FGI). Gaurav Nayyar is an economist in the Economic Research and Statistics Division at the WTO. Patrick Low is both chief economist at the WTO and senior fellow at FGI.