Elgar Encyclopedia of Global Value Chains

The Elgar Encyclopedia of Global Value Chains (GVCs) brings together leading experts to explain how contemporary global production systems work, and their influence on reshaping trade, economic growth and the geography of industries.Entries address governance, power and the distribution of profits and risks within GVCs. Exploring how production is organized within global networks, the Encyclopedia reflects upon economic, social and environmental upgrading in an evolving landscape. Renowned academics in the field discuss how digitalization, geopolitical tensions, sustainability pressures and corporate strategies are transforming global production. Interdisciplinary in scope, it combines foundational concepts on governance and development with emerging research on social and environmental sustainability, digitalization and geopolitics. Key Features:Connects analytical concepts to pressing global challenges including inequality, climate change and global trade tensionsBrings together insights from eminent and emerging scholars from economic sociology, international business and development studiesHighlights sectoral depth and empirical richness: it includes examples focused on key industries such as apparel, natural resources, agriculture and services This Encyclopedia is an essential reference for students and scholars of development studies, geography, international management, business and economics. Policymakers as well as consultants and practitioners working in national and international organizations will benefit from its discussion of applications and cutting-edge debates.