Joining, Upgrading and Being Competitive in Global Value Chains: A Strategic Framework

What Is Economic Corridor Development and What Can It Achieve in Asia's Subregions?

“…This has already been done based on input-output matrix calculus. (For input-output databases, see Cattaneo et al 2013. )…”

Economic and Social Upgrading in Global Value Chains and Industrial Clusters: Why Governance Matters

“…Upgrading through global value chains (GVCs), or moving to higher value activities, has become important for economic development and job creation in the global economy, where competition remains intense and production has become fragmented and geographically dispersed (Cattaneo et al 2013). Linking lead firms in GVCs with small and medium suppliers in diverse local contexts is a major business challenge in different types of industries, whether characterized by producer-driven chains like automobiles, electronics or shipbuilding for whom finding and nurturing technically capable local suppliers is a requisite of global supply chain management for manufacturers who play a leading role in determining what and how to produce (Contreras et al 2012;Sturgeon 2003;Sturgeon et al 2008), or in buyer-driven chains like apparel and footwear, where low cost is a major driver and retail buyers govern how the chains work (Bair and Gereffi 2001;Schmitz 2004Schmitz , 2006, or fresh produce and food products, where safety and quality standards are of utmost concern for supermarkets and their customers (Humphrey and Memedovic 2006).…”

“…Several of the recent trends in GVCs have important implications for the role of local suppliers and the likelihood of economic and social upgrading in industrial clusters (Cattaneo et al 2013;Gereffi 2014): (1) organizational rationalization-the lead firms in these chains seek a much smaller number of big, technologically capable and strategically located suppliers (Gereffi 2014, p. 15); (2) geographic consolidation-the production hubs of these supply chains are concentrating in large emerging economies, both because of their abundant supply of workers and local firms with manufacturing expertise and also because of expanding domestic markets (Gereffi and Sturgeon 2013); and (3) a growth in South-South trade-this has surged especially since the 2008-2009 global economic recession, which dramatically slowed exports to advanced industrial markets.…”

Firm Innovation and Productivity in Latin America and the Caribbean

“…4 trade In valued added and gvcs: deFInItIon and measurement the increasing international fragmentation of production that has occurred in recent decades has challenged the conventional wisdom on how we look at and interpret trade. traditional measures of trade record gross flows of goods and services each and every time they cross borders, leading to a multiple counting of trade, which may lead to misguided empirical analyses (Cattaneo et al 2013;OeCD-WtO 2012). Furthermore, since these days a large number of countries have developed comparative advantages in specific parts of the value chains and not necessarily on final goods, standard trade statistics are becoming much less informative.…”

“…It is worth noting that about 30 % of the value of Mexican processing exports comes from abroad. this heterogeneity is associated to some extent with the country dimension (Cattaneo et al 2013), but also with differences in the patterns of specialization: a relative specialization in producing primary goods requires, on average, less imported inputs than manufacturing them. Figure 9.2 presents the international comparison of the value added decomposition for selected industrialized, emerging, and developing/ transition economies, 14 as well as the sample of LaC countries.…”