Regional value chains as new pathways to development?

SOURCE: Area Development and Policy
OUTPUT TYPE: Journal Article
PUBLICATION YEAR: 1971
TITLE AUTHOR(S): S.Scholvin, I.Turok, J.Visagie, J.R.Diez
KEYWORDS: ECONOMY, GLOBAL VALUE CHAINS (GVCS), REGIONAL GOVERNANCE
DEPARTMENT: Equitable Education and Economies (IED)
Print: HSRC Library: shelf number 12755
HANDLE: 20.500.11910/18838
URI: http://hdl.handle.net/20.500.11910/18838

If you would like to obtain a copy of this Research Output, please contact Hanlie Baudin at researchoutputs@hsrc.ac.za.

Abstract

There is growing scepticism about global value chains because of their association with an unequal global trading system. Regionally coordinated and integrated production in Asia appears to have served as a better mechanism for promoting economic prosperity than direct integration into global markets. This is founded upon regional cooperation on investment, trade and value chains. This research note distinguishes different forms of these chains, discusses the conditions for their emergence and sheds light on some of their effects ??? for both individual firms and entire continents. Asias experience is compared with Africas and Latin Americas.