| Description |
1 online resource (xxi, 391 pages) : illustrations, map |
| Series |
World Bank e-Library.
|
| Contents |
Global value chains in a postcrisis world : resilience, consolidation, and shifting end markets / Olivier Cattaneo, Gary Gereffi, and Cornelia Staritz -- Trade, crisis, and recovery : restructuring global value chains / William Milberg and Deborah Winkler -- Global value chains and the crisis : reshaping international trade elasticity? / Hubert Escaith, Nannette Lindenberg, and Sébastien Miroudot -- Global value chains, the crisis, and the shift of markets from North to South / Raphael Kaplinsky and Masuma Farooki -- The global apparel value chain, trade, and the crisis : challenges and opportunities for developing countries / Gary Gereffi and Stacey Frederick -- Effects of the 2008-09 crisis on the automobile industry in developing countries : a global value chain perspective / Johannes Van Biesebroeck and Timothy J. Sturgeon -- Global value chains in the electronics industry : was the crisis a window of opportunity for developing countries? / Timothy J. Sturgeon and Momoko Kawakami -- What happens when the market shifts to China? The Gabon timber and Thai cassava value chains / Raphael Kaplinsky, Anne Terheggen, and Julia Tijaja -- The offshore services value chain : developing countries and the crisis / Gary Gereffi and Karina Fernandez-Stark |
| Summary |
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 |
| Bibliography |
Includes bibliographical references and index |
| Notes |
English |
|
Print version record |
| Subject |
International trade.
|
|
International economic relations.
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Global Financial Crisis, 2008-2009.
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BUSINESS & ECONOMICS -- International -- General.
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BUSINESS & ECONOMICS -- International -- Economics.
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International economic relations
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International trade
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| Form |
Electronic book
|
| Author |
Cattaneo, Olivier
|
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Gereffi, Gary
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Staritz, Cornelia
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| LC no. |
2010031476 |
| ISBN |
9780821385036 |
|
0821385038 |
|
9780821384992 |
|
0821384996 |
|
1282818929 |
|
9781282818927 |
|
9786612818929 |
|
6612818921 |
|
