Globalization has transformed how nations, firms and workers compete in the international economy over the past half century. This book by Gary Gereffi, one of the founders of the global value chains (GVC) framework, traces the emergence of arguably the most influential approach used to analyze globalization and its impacts. It studies the conceptual foundations of GVC analysis, the twin pillars of 'governance' and 'upgrading', along with detailed case studies of China, Mexico and other emerging economies as main beneficiaries of export-oriented industrialization, and addresses potential solutions to the deleterious impact of globalization on workers and communities.
Glad I read it, it was a key puzzle piece that I was looking for. However, at times it was a little dry and repetitive. The bits about GVC governance were obviously of interest (see, e.g., Chapter 9). Chapters 12 and 13 also had some interesting tidbits.