Trading down : Africa, value chains, and the global economy / Peter Gibbon and Stefano Ponte.

Format:

Book

Author/Creator:

Gibbon, Peter.

Contributor:

Ponte, Stefano.

Language:

English

Subjects (All):

Africa--Economic conditions--1960-.

Africa.

Economic conditions.

Africa--Economic policy.

Economic policy.

Globalization.

Physical Description:

xviii, 251 pages ; 24 cm

Place of Publication:

Philadelphia, PA : Temple University Press, 2005.

Contents:

1 The Age of Global Capitalism 1

Economic Globalization 2

Corporate Financialization and Shareholder Value 11

Saturated Markets and Oligopolistic Rent Seeking 15

Buyer Power and Strategic Outsourcing 20

Supplier Adjustment in the World of Category Management 25

2 The New International Trade Regime 34

Trends in Africa's International Trade 36

The International Trade Regime Prior to WTO 44

The New International Trade Regime 52

3 Global Value Chain (GVC) Analysis 74

Main Features 74

Governance 78

Upgrading 87

4 The Rise of Buyer-Driven Global Value Chains in Africa 95

The Rise of Buyer-Driven Chains 96

Main Actors in, and Configurations of, Selected Global Value Chains 99

Formal Regulatory Frameworks and Historical Changes in GVC Governance 108

Strategies of Lead Firms 113

Chain Driving? 119

5 Entry Barriers, Marginalization, and Upgrading 125

Entry Barriers for First- and Second-Tier Suppliers 127

Marginalization and Exclusion 138

Upgrading 151

6 Quality Standards, Conventions, and the Governance of Global Value Chains 161

Quality in Economic Analysis 164

Convention Theory 166

Quality, Entry Barriers, and Governance in GVCs: Empirical Evidence from Africa 178

Conventions and the Governance of Global Value Chains 182

7 Trading Down? 197

Africa, Value Chains, and the Global Economy 197

Trading Down? 201

GVC Analysis and Future Research Directions 203.

Notes:

Includes bibliographical references (pages 225-241) and index.

ISBN:

1592133673

1592133681

OCLC:

57068958