The emergence of integrative trade and global value chains (GVCs) over the past 20 years has changed the competitive landscape in international goods and services markets. Competition in many lines of businesses, particularly in the manufacturing sector, is now taking place more at a value chain...

Vertical specialization is one of the most notable trends in the international organization of production (Hummels, Jun and Yi, 2001; Yi, 2003; Desai, 2009). Thanks to reductions in communication, transportation and other trade costs, multinational firms are slicing up their value chains and are...

The past decades have witnessed a rapid globalisation of economic activity which has significantly changed the outlook of the world economy. An increasing number of firms, countries and other economic actors take part in today's global economy and have become increasingly connected across...

This research volume is concerned with the causes and consequences of global value chains — the fragmentation of production across firms and international boundaries. Figure 1 provides a schema for thinking about these phenomena. The total value of inputs used in producing a given level of...

“Companies no longer compete – Value Chains Compete” (Murphy, 2007, p.11)In the past few years, a fairly substantial literature has emerged addressing the phenomenon of global value chains (GVCs). While one can find various definitions of GVCs, the simple concept proposed by Lunati (2007)...

Intuitively, the idea of global value chains (GVCs) is relatively easy to understand - making a product or delivering a service involves many steps and increasingly these steps are separable and can be located anywhere in the world based on where it is most efficient to perform. Formalizing this...

The paper identifies and analyzes the four main fault lines which will influence the next decades of global philanthropy. All are related to what we can refer to as "the market revolution in global philanthropy". As global philanthropy moves beyond grantmaking, into investment approaches that...

The social question has come down upon us in two different understandings. Modestly understood, it is about helping the needy and creating opportunities for disadvantaged members of society. More ambitiously conceived, by contrast, it is about extricating human life generally from the false...

This article continues with a discussion of what the author calls the argument from transnational effects. It says that supranational or transnational forms of integration, in particular market integration, are desirable on account of democracy itself. National democracies find themselves...