Risks and Opportunities of Participation in Global Value Chains
Risk is inherent to the pursuit of opportunity. This paper draws on the recent literature and looks at the risks and opportunities firms and their workers face in the global value chains. First, it examines the sharing mechanisms that firms provide from the national and global perspectives; secon...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
University of Warsaw
2015-08-01
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| Series: | Journal of Banking and Financial Economics |
| Subjects: | |
| Online Access: | https://press.wz.uw.edu.pl/cgi/viewcontent.cgi?article=1086&context=jbfe |
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| _version_ | 1846145159394230272 |
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| author | Gary Gereffi Xubei Luo |
| author_facet | Gary Gereffi Xubei Luo |
| author_sort | Gary Gereffi |
| collection | DOAJ |
| description | Risk is inherent to the pursuit of opportunity. This paper draws on the recent literature and looks
at the risks and opportunities firms and their workers face in the global value chains. First, it
examines the sharing mechanisms that firms provide from the national and global perspectives;
second, it takes a closer look at the new opportunities and challenges for firms and individuals
in the global arena; third, it discusses the role of economic upgrading and social upgrading; and
finally it sheds light on how the government can help people manage risks and reap the benefits of
participation in global value chains. |
| format | Article |
| id | doaj-art-b9f9279798fd450c953ba0c6a334b451 |
| institution | Kabale University |
| issn | 2353-6845 |
| language | English |
| publishDate | 2015-08-01 |
| publisher | University of Warsaw |
| record_format | Article |
| series | Journal of Banking and Financial Economics |
| spelling | doaj-art-b9f9279798fd450c953ba0c6a334b4512024-12-02T06:19:44ZengUniversity of WarsawJournal of Banking and Financial Economics2353-68452015-08-0120152(4)516310.7172/2353-6845.jbfe.2015.2.4Risks and Opportunities of Participation in Global Value ChainsGary Gereffi0Xubei Luo1Duke UniversityThe World BankRisk is inherent to the pursuit of opportunity. This paper draws on the recent literature and looks at the risks and opportunities firms and their workers face in the global value chains. First, it examines the sharing mechanisms that firms provide from the national and global perspectives; second, it takes a closer look at the new opportunities and challenges for firms and individuals in the global arena; third, it discusses the role of economic upgrading and social upgrading; and finally it sheds light on how the government can help people manage risks and reap the benefits of participation in global value chains.https://press.wz.uw.edu.pl/cgi/viewcontent.cgi?article=1086&context=jbferiskglobal value chainseconomic upgradingsocial upgradingglobal recession |
| spellingShingle | Gary Gereffi Xubei Luo Risks and Opportunities of Participation in Global Value Chains Journal of Banking and Financial Economics risk global value chains economic upgrading social upgrading global recession |
| title | Risks and Opportunities of Participation in Global Value Chains |
| title_full | Risks and Opportunities of Participation in Global Value Chains |
| title_fullStr | Risks and Opportunities of Participation in Global Value Chains |
| title_full_unstemmed | Risks and Opportunities of Participation in Global Value Chains |
| title_short | Risks and Opportunities of Participation in Global Value Chains |
| title_sort | risks and opportunities of participation in global value chains |
| topic | risk global value chains economic upgrading social upgrading global recession |
| url | https://press.wz.uw.edu.pl/cgi/viewcontent.cgi?article=1086&context=jbfe |
| work_keys_str_mv | AT garygereffi risksandopportunitiesofparticipationinglobalvaluechains AT xubeiluo risksandopportunitiesofparticipationinglobalvaluechains |