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Value Chain Analysis

In: Business and Management

Submitted By gautam90
Words 3659
Pages 15
Literature Review – Value Chains
By Yvonne Chen
For GWU IDS Capstone 2012
September 2, 2011
Abstract
This paper offers a review of the literature on the theoretical underpinnings and practical uses of GVC value chain governance theory for the purposes of informing a development-focused graduate student consulting project that employs GVC methodology. The first and second sections provide a brief overview of value chains, GVC governance theory and the relevant concepts for conducting a value chain analysis within a development context. The third section discusses GVC interventions and offers a case study of a successful intervention. At the end of this paper, the author offers a set of recommendations for a graduate level development capstone project that would focus on value chains.
Introduction
In today’s globalized world, the traditional concepts that were useful to understanding global integration such as comparative advantage and the role of multinational corporations in shaping trade and investment are no longer sufficient. That is, these concepts do not account for the fragmentation in the value chain or the fast-rising capabilities in places that are new to the capitalist global economy such as China, India, Russia and Vietnam. Since the early 2000s, a new framework - global value chain governance theory - seeks to understand the economic interests, social structures and competition and strategy that advance or obstruct productivity.
This paper offers a review of the literature on the theoretical underpinnings and practical uses of GVC value chain governance theory for the purposes of informing a development-focused graduate student consulting project that employs GVC methodology. The first and second sections provide a brief overview of value chains, GVC governance theory and the relevant concepts for conducting a value chain analysis within a...

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