Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Governing Global ProductionGoverning Global Production

Governing Global Production: Governing Global Production [This book has demonstrated how both states and firms contribute to the governance of global production. Despite the transnationality of global production networks, the emergence of these historically novel industrial systems does not imply a definite shift in the locus of economic governance from states to firms. As the experience of the Asia-Pacific resource networks attests, global production networks are to a large degree privately governed, and are organised through the sets of inter-firm relationships that regulate and manage the functional integration between firms. However, states remain capable of exercising influence in production network governance arrangements — both directly through purposive policy interventions, and indirectly through their contribution to the institutional environments within which firms operate. Moreover, as competing sources of governance states and firms interact, negotiate and bargain over the arrangements within production networks. The governance structures resulting from these bargaining patterns prove central in determining how value is distributed between the states and firms in global industries.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Governing Global ProductionGoverning Global Production

Download PDF
16 pages

Loading next page...
 
/lp/springer-journals/governing-global-production-governing-global-production-x7OztZrSXm
Publisher
Palgrave Macmillan UK
Copyright
© Palgrave Macmillan, a division of Macmillan Publishers Limited 2013
ISBN
978-1-349-43809-9
Pages
175 –191
DOI
10.1057/9781137023193_9
Publisher site
See Chapter on Publisher Site

Abstract

[This book has demonstrated how both states and firms contribute to the governance of global production. Despite the transnationality of global production networks, the emergence of these historically novel industrial systems does not imply a definite shift in the locus of economic governance from states to firms. As the experience of the Asia-Pacific resource networks attests, global production networks are to a large degree privately governed, and are organised through the sets of inter-firm relationships that regulate and manage the functional integration between firms. However, states remain capable of exercising influence in production network governance arrangements — both directly through purposive policy interventions, and indirectly through their contribution to the institutional environments within which firms operate. Moreover, as competing sources of governance states and firms interact, negotiate and bargain over the arrangements within production networks. The governance structures resulting from these bargaining patterns prove central in determining how value is distributed between the states and firms in global industries.]

Published: Oct 16, 2015

Keywords: Market Power; Resource Network; Steel Industry; Global Production; Production Network

There are no references for this article.