A Dynamic Model Of Global Value Network Governance
KUMAR Ashok, 2020
Name of publisher/editor
Environment and Planning A: Economy and Space - SAGE
Co-author
Giorgos Galanis
Geographic area
Global
Summary & key words
« This paper presents a novel understanding of the changing governance structures in global supply chains. Motivated by the global garment sector, we develop a geographical political economy dynamic model that reflects the interaction between bargaining power and distribution of value among buyer and producer firms. We find that the interplay between these two forces, in combination with the spatial specificities of global production and consolidation, can drive governance structures towards a more symbiotic position. »