Development and Global Value Chains

In a new book review for JCA, Yvette To of the Department of Asian and International Studies at the City University of Hong Kong discusses Development with Global Value Chains: Upgrading and Innovation in Asia, edited by Dev Nathan of the Institute for Human Development, New Delhi , Meenu Tewari, from the University of North Carolina at Chapel Hill and Sandip Sarkar, also of the Institute for Human Development. The collection is published by Cambridge University Press.

To considers that the collection addresses important debates and questions about global value chains (GVCs) that revolve around industrial and national upgrading: “What makes industrial upgrading possible? What forms and pathways does upgrading take? What are the constraints to upgrading? What are the implications of GVCs for development policies?”

With 15 chapters, the book covers a range of diverse industries and countries: “China (telecommunication equipment, mobile phones), India (pharmaceuticals, automobiles, IT services), South Korea (apparel, automobiles, animation), the Philippines (electronics, automotive electronics, aerospace) and Sri Lanka (apparel).”

The reviewer concludes:

All in all, this book is a useful and timely contribution to ongoing discussions on GVCs. It offers a range of detailed case studies to inform our understanding of the changing organisation of global production, the prospects for catching-up of late industrialisers and a solid empirical account of the experiences of industrial upgrading in several Asian economies. The incorporation of firm- and national-level analysis means that it will be of interest to readers beyond development studies, including policymakers and corporate decision makers.

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