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Full Description
This book offers a timely and insightful look at how political tensions, economic disruptions, and technological advances are reshaping the way goods and services move across borders. At a time when global trade faces mounting pressure, this book explores how businesses, governments, and communities can adapt to an increasingly uncertain world.
Spanning diverse geographic areas and themes, the book delves into the evolving trade dynamics between developed and developing countries, the involvement of governments alongside international partnerships, as well as the impact of emerging digital technologies such as automation and artificial intelligence. Additionally, it addresses how companies are reevaluating their business models to enhance resilience, adopt sustainable practices, and meet rising demands for ethical conduct. Rich case studies from recent years bring these themes to life, highlighting real-world examples of innovation, adaptation, and strategic thinking.
This volume serves as a vital resource for students, researchers, policymakers, and business executives aiming to comprehend and tackle the intricate challenges currently confronting global value chains. Whether engaged in international trade studies or overseeing a multinational enterprise, readers will find practical advice and forward-looking strategies essential for navigating a period characterized by transformation.
Contents
Contents
About the Editors vii
List of Contributors x
1 Introduction to Global Value Chains and Geopolitical Turmoil 1
Imran Ali, William Ho, Thanos Papadopoulos and Cait White
2 The Changing Dynamics of Trade in Global Value Chains Between Developed and Developing Economies 17
Agus Wicaksana and William Ho
3 Geopolitical Turmoil and the Changing Nature of Globalization 40
Arza Faldy Prameswara, Huashan (Jason) Li, Donella Caspersz and Arnoldus (Ron) Maas
4 The Impact of Global Value Chains on Labour Markets and Employment 62
Ahmad Arslan
5 The Evolution of Production Networks and Business Model Innovation in Global Value Chains 68
Towfique Rahman and Sanjoy Kumar Paul
6 The Role of Technology in Transforming Global Value Chains 92
Dolly Gaur, Abhinav Pal, Kanishka Gupta, Rashida Salmani and Abhishek Behl
7 The Role of Governments in Shaping Global Value Chains amid Geopolitical Tumult 109
Waqas Khan and Qasim Ali Nisar
8 Risk Assessment in Global Value Chains 124
Renata Klafke, Imran Ali and Tage Andersson
9 Supply Chain Resilience in the Face of Geopolitical Turmoil 142
Anas Iftikhar and Ilias Vlachos
10 Sustainability and ESG in Global Value Chains 157
Said Usman, Nasrin Asgari and Wantao Yu
11 Regional Blocs and Economic Alliances: Impact on Global Value Chain Integration 178
David M. Herold
12 Navigating the Path Ahead: A Roadmap for Future Global Value Chains 195
Imran Ali, William Ho and Thanos Papadopoulos
Index 223
