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Governing Global ProductionTheorising States and Firms in Global Production Networks

Governing Global Production: Theorising States and Firms in Global Production Networks [The role of states and firms as sources of economic governance is a key issue for the analysis of global production networks. Unlike the nationally based industries they are increasingly replacing, global production networks span multiple national spaces and unite many economies while belonging exclusively to none. As production network governance arrangements are critical in determining how the gains from global industries are spatially distributed, this raises important questions over which actors are able to shape governance arrangements in their favour. For some, the transnationality of global production networks is argued to result in a heightened role for multinational corporations (MNCs), and a challenge to the primacy of nationally-bound state actors, in what has been described as an ‘epochal shift’ in economic governance associated with contemporary patterns of globalisation (Amoore et al. 1997: 181). Nonetheless, the purported retreat of the state from governance functions in global industries is arguably only a partial process, and the extent and nature of this state-to-firm shift remains a central and highly contested debate in contemporary international political economy (IPE) scholarship (Phillips 2005). An examination of the governance of global production networks therefore requires a coherent, explanatory, and theoretically informed analytical framework that can come to terms with the respective governance roles of states and firms.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Governing Global ProductionTheorising States and Firms in Global Production Networks

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Publisher
Palgrave Macmillan UK
Copyright
© Palgrave Macmillan, a division of Macmillan Publishers Limited 2013
ISBN
978-1-349-43809-9
Pages
13 –36
DOI
10.1057/9781137023193_2
Publisher site
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Abstract

[The role of states and firms as sources of economic governance is a key issue for the analysis of global production networks. Unlike the nationally based industries they are increasingly replacing, global production networks span multiple national spaces and unite many economies while belonging exclusively to none. As production network governance arrangements are critical in determining how the gains from global industries are spatially distributed, this raises important questions over which actors are able to shape governance arrangements in their favour. For some, the transnationality of global production networks is argued to result in a heightened role for multinational corporations (MNCs), and a challenge to the primacy of nationally-bound state actors, in what has been described as an ‘epochal shift’ in economic governance associated with contemporary patterns of globalisation (Amoore et al. 1997: 181). Nonetheless, the purported retreat of the state from governance functions in global industries is arguably only a partial process, and the extent and nature of this state-to-firm shift remains a central and highly contested debate in contemporary international political economy (IPE) scholarship (Phillips 2005). An examination of the governance of global production networks therefore requires a coherent, explanatory, and theoretically informed analytical framework that can come to terms with the respective governance roles of states and firms.]

Published: Oct 16, 2015

Keywords: Foreign Direct Investment; Global Production; Institutional Feature; Production Network; Governance Arrangement

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