What does it take to build an inclusive governance of global value chains? A framework for intervention

Elizabeth Yi Wang, Nigel Driffield, Jeremy Clegg, Lilian Miles, Matthew Alford, Jae Kim

Research output: Contribution to journalArticlepeer-review

Abstract

As important actors in global value chains (GVCs), multinational enterprises exercise coordination and control over worldwide commodity, production, service, workforce and knowledge mobility. A level playing field for all GVC stakeholders remains absent. We argue for empowering subordinated stakeholders in the design of inclusive GVC governance, as a necessary condition, to harness the power of GVCs that enable many firms to internationalise in the first place. We propose a Framework for Intervention at the level of civil society and five actions, using a revived form of multilateralism, to empower the economic “South” and fundamentally anchor the change for human development.
Original languageEnglish
Pages (from-to)1-15
JournalAIB Insights
DOIs
Publication statusPublished - 2 Mar 2023

Keywords

  • inclusive
  • GVCs
  • intervention
  • empowerment
  • Economic South
  • MNEs

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