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What does it take to build an inclusive governance of global value chains?

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

Research output: Contribution to journalArticlepeer-review

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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 change for human development.
Original languageEnglish
Number of pages6
JournalAIB Insights
Volume23
Issue number2
DOIs
Publication statusPublished - 2 Mar 2023

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 16 - Peace, Justice and Strong Institutions
    SDG 16 Peace, Justice and Strong Institutions

Keywords

  • inclusive governance
  • intervention
  • empowerment
  • economic south
  • MNEs
  • global value chains

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