Lance Taylor is widely considered to be one of the pre-eminent development economists in the world and is known for his work on development planning, macroeconomics of development, stabilization policy, and the global economy. He has also been the major force behind structuralist economics,...

This fascinating book considers one of the most important problems in economics: the inception of modern economic development. There is at present no satisfactory explanation of the inception of modern economic development; an excessive focus on either pure theory or on unique histories limits...

Cover -- Development with Global Value Chains -- Title -- Copyright -- Contents -- Tables and Figures -- 1. Introduction -- Dimensions of GVCs -- Division of knowledge and capabilities -- The dynamics of knowledge distribution -- Strategies of interaction -- Income distribution -- Types of...

Can firms and economies utilize global value chains for development? How can they move from low-income to middle-income and even high-income status? This book addresses these questions through a series of case studies examining upgradation and innovation by firms operating in GVCs in Asia. The...