Sustainability Governance of Global Supply Chains: A Systematic Literature Review with Particular Reference to Private Regulation

Jentsch, Marina; Fischer, Klaus

doi:10.1007/978-3-319-14877-9_12

Cited by 2 publications

(1 citation statement)

References 26 publications

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“…Some authors (Jentsch & Fischer, 2019) point out that the nationalization and regionalization of value chains cannot ensure the full resilience of the economy to shocks associated with the disruption of supplies and production, which is due to several reasons:…”

Section: Solutions To Support the Economy And Develop Gvcsmentioning

confidence: 99%

Transformation of Global Value Chains in the Context of Modern Macroeconomic Shocks

Komarova¹,

Bondarenko²

2023

J. Professional Business Review

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Purpose: The aim of this study is to examine the concept of global value chains (GVCs) in terms of the distribution of benefits among participating countries by deepening the international division of labor and including geographically distant and differently developed countries. Theoretical framework: The article emphasize that the involvement of countries in GVCs, along with benefits, has several risks associated with both endogenous and exogenous factors. Design/methodology/approach: The authors analyzed GVC studies and used such research methods as a case study and factor, comparative, and structural analysis. Russian and international statistical data were used as the study materials. Findings: The results of the analysis indicate that exogenous factors related to the COVID-19 pandemic and geopolitical tensions have led to the breakdown of GVCs and increased their instability. To address these issues, the authors suggest increasing the domestic value added in industries that rely heavily on foreign resources, reforming GVCs by localizing partnerships through deglobalization processes, and seeking out new trading partners. Research, Practical & Social implications: The study authors propose to make changes to the current structure of GVCs. This can help minimize negative consequences for the economy through the introduction of practices aimed at increasing the number of suppliers, expanding sales markets, and optimizing production processes. Originality/value: The value of the study lies in its identification of both the advantages and challenges of GVC participation for countries. It also offers practical solutions to enhance the resilience of GVCs, making the study results relevant for policymakers, businesses, and industries involved in GVCs.

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Section: Solutions To Support the Economy And Develop Gvcsmentioning

confidence: 99%

Transformation of Global Value Chains in the Context of Modern Macroeconomic Shocks

Komarova¹,

Bondarenko²

2023

J. Professional Business Review

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Proactive Governance

Sorsa,

Salmi-Tolonen

2024

Advances in Business Information Systems and Analytics

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The transition to achieving more sustainable business and sustainable development requires radical changes not only as far as government policies are concerned, but also to the systems of governance. What are the different levels of governance and their possibilities to steer the present developments? What are the schemes that public and private governance can use as tools for steering the development? This chapter describes how the different levels interact and what proactive governance means from the social sustainability perspective. In the global context, new mechanisms are available of proactive governance with the aim of promoting and achieving social sustainability. Textile industry being an energy and carbon intensive sector of industry and currently the subject of numerous environmental policy measures, and therefore, on the agenda of a number of actors both public and private serves as the context in this chapter.

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Sustainability Governance of Global Supply Chains: A Systematic Literature Review with Particular Reference to Private Regulation

Cited by 2 publications

References 26 publications

Transformation of Global Value Chains in the Context of Modern Macroeconomic Shocks

Transformation of Global Value Chains in the Context of Modern Macroeconomic Shocks

Proactive Governance

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