Explain the concept of Global Commodity Chain. Outline and discuss the most important contributions that Gary Gereffi has made to the literature on commodity chains and the international economy.
How do global commodity chains and production networks contribute towards the economic development of different countries? Discuss using at least two examples.
How useful are the concepts of ‘commodity chains’ in understanding the potential competitive advantages that firms and countries can enjoy in the modern world economy?
Beyond nation-state – importance of other scales, such as cities Global Commodity Chains, Global Value Chains, Global Production Networks.
Core reading:
Chandler, A. D et al. (Eds) (1998) Big Business and the Wealth of Nations. Cambridge: Cambridge University Press.
Dicken, P. (2011) Global Shift: Mapping the Changing Contours of the World Economy. London: Sage.
Jones, G. (2005) Multinationals and Global Capitalism. Oxford: Oxford University Press.
McCraw, T. K. (Ed) (1995) Creating Modern Capitalism. Harvard: Harvard University Press.
Porter, M. (1998) The Competitive Advantage of Nations. London: Palgrave.
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