Authors: Raphael Kaplinsky, Mike Morris
Addresses: Department of Policy and Practice, The Open University, Chambers Building, Milton Keynes, MK7 6AA, UK. ' Policy Research on International Services and Manufacturing (PRISM), School of Economics, University of Cape Town, Private Bag, Rondebosch 7701, South Africa; School of Development Studies, University of KwaZulu-Natal, Durban 4041, South Africa
Abstract: Mainstream economics and the agenda promoted by Washington Consensus institutions focuses on the role played by markets. In recent years, this policy agenda has been concentrated on a series of behind-, beyond- and between-the-border trade-related issues. Whilst valuable, this agenda fails to address some of the major determinants of export supply in developing economies. By contrast, the value chain framework provides a rich agenda for the design and implementation of policies designed to enhance export supply. These issues are addressed in this paper through a discussion of the dynamics of rent and rent appropriation, the growing role of standards and turnkey production. Contemporary global value chains are in a state of flux, with a reduced likelihood of capability-building supply chain programmes in low-income economies outside of Asia.
Keywords: global value chains; GVCs; export-oriented production; supply chain management; SCM; rent dynamics; policy design; policy implementation; export supply policies; exports; developing countries; low-income economies.
International Journal of Technological Learning, Innovation and Development, 2008 Vol.1 No.3, pp.283 - 308
Published online: 19 Aug 2008 *Full-text access for editors Access for subscribers Purchase this article Comment on this article