Copy the page URI to the clipboard
Newman, Susan (2012). Financialized corporate strategies and restructuring of global supply chains. International Institute of Social Studies, The Hague.
Abstract
Industrial organization and Inter-firm relations within vertically disintegrated and spatially dispersed production systems emerged as a burgeoning area of research in the 1990s and 2000s across what might be broadly considered as development studies (see the article by Wouter Jacobs in this issue). Global commodity chain/global value chain approaches were initially concerned with the nature of ‘globalization’ in contemporary capitalism and the way in which developing countries have been integrated into the global economic system. These studies emphasized the need, as well as the opportunities, for developing country firms to ‘upgrade’- that is to engage in higher value-added activities associated with downstream portions of the chain - in order to reap the potential rewards of integration into the global economy. Whether or not the opportunities for upgrading and their associated benefits were overstated at the time, it will become clear in what remains of this article that benefits of upgrading, if they existed at all in the first place, have all but disappeared with shifts in corporate structure and strategies of lead firms in the U.S and Europe – those which coordinate and control supply chains and suppliers in developing countries – associated with the process of financialisation.
Viewing alternatives
Download history
Item Actions
Export
About
- Item ORO ID
- 70480
- Item Type
- Other - Internet Publication/Web Output
- Academic Unit or School
-
Faculty of Arts and Social Sciences (FASS) > Social Sciences and Global Studies > Economics
Faculty of Arts and Social Sciences (FASS) > Social Sciences and Global Studies
Faculty of Arts and Social Sciences (FASS) - Research Group
- Innovation, Knowledge & Development research centre (IKD)
- Depositing User
- Susan Newman