Browse by title

You are looking at 1 - 10 of 432 items :

  • Development Economics x
  • Economics and Finance x
  • Business and Management x
Clear All
You do not have access to this content

Edited by Stefano Ponte, Gary Gereffi and Gale Raj-Reichert

Global value chains (GVCs) are a key feature of the global economy in the 21st century. They show how international investment and trade create cross-border production networks that link countries, firms and workers around the globe. This Handbook describes how GVCs arise and vary across industries and countries, and how they have evolved over time in response to economic and political forces. With chapters written by leading interdisciplinary scholars, the Handbook unpacks the key concepts of GVC governance and upgrading, and explores policy implications for advanced and developing economies alike.
This content is available to you

Stefano Ponte, Gary Gereffi and Gale Raj-Reichert

This introductory chapter provides an overview of what global value chains (GVCs) are, and why they are important. It presents a genealogy of the emergence of GVCs as a concept and analytical framework, and some reflections on more recent developments in this field. Finally, it describes the chapter organization of this Handbook along its five cross-cutting themes: mapping, measuring and analysing GVCs; governance, power and inequality; the multiple dimensions of upgrading and downgrading; how innovation, strategy and learning can shape governance and upgrading; and GVCs, development and public policy.

You do not have access to this content

Creating Resilient Economies

Entrepreneurship, Growth and Development in Uncertain Times

Edited by Nick Williams and Tim Vorley

Providing a coherent and clear narrative, Creating Resilient Economies offers a theoretical analysis of resilience and provides guidance to policymakers with regards to fostering more resilient economies and people. It adeptly illustrates how resilience thinking can offer the opportunity to re-frame economic development policy and practice and provides a clear evidence base of the cultural, economic, political and social conditions that shape the adaptability, flexibility and responsiveness to crises in their many forms.
You do not have access to this content

Robert Huggins and Piers Thompson

There is a growing recognition that culture, both that specifically related to entrepreneurship and more generally that underpinning social and community activities, plays a role in facilitating economic development. Little attention, however, has been paid to the extent to which entrepreneurial activities are themselves resilient in the face of economic downturns: in particular, the extent to which entrepreneurial activities, attitudes and culture are supported by community culture at the local level. This study, therefore, seeks to address this issue. Data from localities in Great Britain are used to develop a number of indices based on those elements identified within the existing literature concerning community culture. Overall, it is found that entrepreneurship is only one element of the resources required to develop economic resilience, and may even lessen this resilience if ‘over-indulged’ in isolation. The findings further suggest that there is a link between some aspects of community culture and both economic and entrepreneurial resilience, in particular, a negative influence from social cohesion and adherence to social rules Positively for those localities with less market-driven individualistic perspectives, collective action supports entrepreneurial resilience, which means that such localities should not be handicapped in recovering from negative shocks.

You do not have access to this content

James Simmie

It is argued that urban economic resilience should be seen in terms of the capacity to maintain long-run economic growth pathways and the impacts of sudden and unforeseen shocks on those pathways. It is proposed that resilience is based on the long-run capacities of urban economies to re-invent themselves in the face of external shocks emanating from such phenomena as globalisation and technological change. This hypothesis is investigated by analysing employment change and the development of knowledge based private sector service industries and digital firms in English and Welsh cities from 1911. On the basis of this analysis, it is concluded that those cities with the highest levels of knowledge based employment in 1911 have emerged as the most resilient economies in terms of their long-term employment growth paths. Conversely, those urban economies with the highest levels of low knowledge intensity jobs in 1911 have tended to replicate those types of employment and consequently have suffered from low levels of resilience in the face of the local impacts of globalisation and technological shocks.

You do not have access to this content

Emil Evenhuis and Stuart Dawley

In this chapter we will discuss how the mechanisms and drivers of regional economic resilience can be theorised using evolutionary approaches in economic geography. We focus on evolutionary approaches that draw from three main theoretical frameworks: Generalised Darwinism, Complexity Theory, and Path Dependency. We will review each of the three frameworks with regard to their understanding of regional economic resilience, with particular attention to their treatment of the roles of agency, institutions and multi-scalar processes. We conclude that the Path Dependency approach – so far relatively neglected in debates on regional resilience – offers the greatest theoretical insight into these interrelated domains and provides the basis for a more comprehensive evolutionary resilience research agenda.

You do not have access to this content

Nick Williams and Tim Vorley

This content is available to you

Edited by Nick Williams and Tim Vorley

You do not have access to this content

Chay Brooks

This chapter explores how civic leadership can be considered an important element in economic resilience and the ways in which local stakeholders view their institutional environments and economic cultures. Civic leadership provides a lens to think about the role of governance in shaping the form and direction of regional resilience. The chapter specifically explores the importance of partnerships spanning across political, bureaucratic and business leaders and how these connections can help navigate regional economic policy and the strategic goals of social and economic development. The case of the Sheffield City Region, a once thriving manufacturing hub of northern England, is presented as an example of how the collaboration of stakeholders and the Local Enterprise Partnerships is crucial in enabling resilience in a changing economic and social landscape.

This content is available to you

Nick Williams and Tim Vorley