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"Chapters in this volume by a group of global value chain (GVC) experts provide a careful examination of the respective roles of central and local governments as well as entrepreneurs in China's dynamic growth process, especially after 2010. A useful book for understanding China's past performance, prospects for future growth, and lessons for developing countries in the uncertain globalized world." -Justin Yifu Lin, Dean of the Institute of New Structural Economics at Peking University and former World Bank Chief Economist "This edited volume provides a timely analysis of how China is upgrading along GVCs with concrete examples and valuable insights. It shows the Chinese economy is not simply the product of a master plan imposed by the State; the intense competitive forces that play out by various agents at the local levels are central for China's success in GVCs. It should be of interest to every scholar and policy maker concerned with China's future roles in GVCs." -Zhi Wang, Founding Director, Research Institute on GVCs, UIBE, Beijing, China This book examines China's new development policies, which seek to reposition the country from an export platform for an array of low-cost consumer goods to a technological leader in advanced manufacturing. Focusing on the post-2010 period, the book shows how China's central government programs and reforms ("upgrading from above") are coupled with varying local government policies, firm strategies, and domestic economy shifts ("upgrading from below") to drive this development. Understanding the goals and challenges of China's multifaceted industrial policies could not be more important in the current context of global trade tensions and major disruptions in GVCs. Gary Gereffi is Emeritus Professor of Sociology, Director of the Global Value Chains Center at Duke University, and an originator of the GVC framework. Together with leading Duke GVC Center researchers, Penny Bamber and Karina Fernandez-Stark, the trio has contributed extensively to promoting GVC analysis and its use in policy circles. They publish and consult broadly on competitiveness issues, industrial upgrading, and economic development.

Political philosophy. Social philosophy --- International relations. Foreign policy --- Economics --- Physical distribution --- Business management --- internationale economische organisaties --- internationale economische politiek --- intern transport --- globalisering --- logistiek --- Asia

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Industrial clusters --- Industrial districts --- International business enterprises --- International trade

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This report analyzes the specific factors that affect the competitiveness of developing countries in global value chains (GVCs), and how these factors differ across four major economic sectors: agriculture, extractive industries, manufacturing and offshore services. Although integration into GVCs allows firms in developing countries to participate in international trade without developing the full range of capabilities required to produce a product or service, it will not automatically translate into positive development gains from trade without the appropriate policies to build productive capacity and ensure inclusive growth and upgrading capabilities. In order to inform these policies, it is necessary to identify the various local factors that affected the capacity of developing countries to meet GVC and RVC requirements, including their productive capacity, infrastructure and services, the business environment, trade and investment policies and industry institutionalization. The report identifies the need for further data and analysis in many areas, in particular the trade-related policy implications of TiVA-GVCs for developing countries, including emerging economies. This would provide a starting point for the discussion of the domestic policies and actions needed to promote and support developing countries’ beneficial participation in value chains and inform aid for trade interventions promoting effective integration into markets via GVCs.

Development --- Trade

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The authors analyze the empirical trends constituting the globalization process in the late twentieth century and explain its underlying causes and consequences.

POLITICAL SCIENCE / World / General.

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Presenting a major alternative to orthodox, monetarist economic analysis, this text provides a consistent institutionalist and structuralist perspective on Latin America's development problems.

POLITICAL SCIENCE / World / Caribbean & Latin American.