In this article, we take stock of the nature and scope of global value chain (GVC)-oriented policies. Building on the papers that have been accepted to the special collection, we categorize GVC-oriented policies according to four different policy objectives: participation, value capture, inclusiveness, and resiliency. We compare and contrast the social and economic rationales for state intervention across the different types of GVC-oriented policies and discuss the instruments and actions at the disposal of governments to reach their policy objectives. The trifecta of tasks, linkages, and firms explains whether and how GVC-oriented policies differ from traditional public policies.
CITATION STYLE
Pietrobelli, C., Rabellotti, R., & Van Assche, A. (2021, September 1). Making sense of global value chain-oriented policies: The trifecta of tasks, linkages, and firms. Journal of International Business Policy. Palgrave Macmillan. https://doi.org/10.1057/s42214-021-00117-6
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