Economic and social upgrading in global production networks: A new paradigm for a changing world

• Номер работы:
  559235
• Раздел:
  Все работы   →   Эссе   →   Английский язык
• Год добавления:
  30.05.2019 г.
• Объем работы:
  4 стр.
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  Accelerating processes of economic globalization have fundamentally reshaped the organization of the global economy towards much greater integration and functional interdependence through cross-border economic activity. In this interconnected world system, a new form of economic organization, termed global production networks (GPNs), has emerged that brings together a wide array of economic actors, most notably capitalist firms, state institutions, labour unions, consumers, and non-government organizations in the transnational production of economic value. In my opinion, national and sub-national, economic development in this highly interdependent global economy can no longer be conceived of, and understood within, the distinct territorial boundaries of individual countries and regions. Instead, global production networks must organizational platforms through which actors in these different national or regional economies compete and cooperate for a larger share of the creation, transformation, and capture of value through transnational economic activity. ............