Global Value Chains in a Postcrisis
            World : A Development Perspective

doi:10.1596/978-0-8213-8499-2

Publication:
Global Value Chains in a Postcrisis World : A Development Perspective

dc.contributor.author	Cattaneo, Olivier
dc.contributor.author	Gereffi, Gary
dc.contributor.author	Staritz, Cornelia
dc.date.accessioned	2012-03-19T09:35:19Z
dc.date.available	2012-03-19T09:35:19Z
dc.date.issued	2010
dc.description.abstract	The world is in the midst of a sporadic and painful recovery from the most severe economic crisis since the 1930s Great Depression. The unprecedented scale of the crisis and the speed of its transmission have revealed the interdependence of the global economy and the increasing reliance by businesses on global value chains (GVCs). These chains represent the process of ever-finer specialization and geographic fragmentation of production, with the more labor-intensive portions transferred to developing countries. As the recovery unfolds, it is time to take stock of the aftereffects and to draw lessons for the future. Have we experienced the first global crisis of the 21st century or a more structural crisis of globalization? Will global trade, demand, and production look the same as before, or have fundamental changes occurred? How have lead firms responded to the crisis? Have they changed their supply chain strategies? Who are the winners and losers of the crisis? Where are the engines of recovery? After reviewing the mechanisms underpinning the transmission of economic shocks in a world economy where trade and GVCs play increasing roles, the book assesses the impact of the crisis on global trade, production, and demand in a variety of sectors, including apparel, automobiles, electronics, commodities, and off-shore services. The book offers insights on the challenges and opportunities for developing countries, with a particular focus on entry and upgrading possibilities in GVCs postcrisis. Business strategies and related changes in GVCs are also examined, and the book offers concrete policy recommendations and suggests a number of interventions that would allow developing countries to better harness the benefits of the recovery.	en
dc.identifier	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000350881_20101005120518
dc.identifier.doi	10.1596/978-0-8213-8499-2
dc.identifier.isbn	978-0-8213-8499-2
dc.identifier.uri	https://hdl.handle.net/10986/2509
dc.language	English
dc.publisher	World Bank
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo
dc.title	Global Value Chains in a Postcrisis World : A Development Perspective	en
dspace.entity.type	Publication
okr.date.disclosure	2010-10-05
okr.doctype	Publications & Research::Publication
okr.doctype	Publications & Research::Publication
okr.docurl	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000350881_20101005120518
okr.globalpractice	Macroeconomics and Fiscal Management
okr.globalpractice	Poverty
okr.globalpractice	Finance and Markets
okr.globalpractice	Trade and Competitiveness
okr.guid	432691468332065846
okr.identifier.doi	10.1596/978-0-8213-8499-2
okr.identifier.externaldocumentum	000350881_20101005120518
okr.identifier.internaldocumentum	12833926
okr.identifier.report	56923
okr.language.supported	en
okr.pdfurl	http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/10/05/000350881_20101005120518/Rendered/PDF/569230PUB0glob1C0disclosed010151101.pdf	en
okr.peerreview	Academic Peer Review
okr.topic	Macroeconomics and Economic Growth::Economic Development
okr.topic	International Economics and Trade::Globalization and Financial Integration
okr.topic	Poverty Reduction::Development Patterns and Poverty
okr.topic	Finance and Financial Sector Development::Financial Crisis Management & Restructuring
okr.topic	Private Sector Development::Global Value Chains and Business Clustering
okr.unit	Office of the Publisher (EXTOP)
okr.volume	1 of 1