Why the World Suddenly Cares About Global Supply Chains

dc.contributor.author

Gereffi, G

dc.contributor.author

Lee, J

dc.date.accessioned

2015-10-07T23:25:23Z

dc.date.issued

2012-07-01

dc.description.abstract

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. The key dynamics of contemporary global supply chains and their implications for global production and trade are illustrated by: (1) the consolidation of global value chains and the new geography of value creation and capture, with an emphasis on China; (2) the key roles of global supermarkets and private standards in agri-food supply chains; and (3) how the recent economic crisis contributes to shifting end markets and the regionalization of value chains. It concludes with a discussion of the future direction of GVC analysis and a potential collaboration with supply chain researchers. © 2012 Institute for Supply Management, Inc.

dc.identifier.eissn

1745-493X

dc.identifier.issn

1523-2409

dc.identifier.uri

https://hdl.handle.net/10161/10699

dc.publisher

Wiley

dc.relation.ispartof

Journal of Supply Chain Management

dc.relation.isversionof

10.1111/j.1745-493X.2012.03271.x

dc.title

Why the World Suddenly Cares About Global Supply Chains

dc.type

Journal article

pubs.begin-page

24

pubs.end-page

32

pubs.issue

3

pubs.organisational-group

Duke

pubs.organisational-group

Global Health Institute

pubs.organisational-group

Institutes and Provost's Academic Units

pubs.organisational-group

Sociology

pubs.organisational-group

Trinity College of Arts & Sciences

pubs.organisational-group

University Institutes and Centers

pubs.publication-status

Published

pubs.volume

48

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