First of two Lectures on global and local development held for the Ph.D. in Economics on April 21st and 26th by Professor Gary Gereffi (Duke University and CGGC), visiting professor at Centro Rossi-Doria and Department of Economics, within the internationalization programme of Roma Tre University.
21 April 2016 – LECTURE 1
Abstract. The Global Value Chain (GVC) framework has been widely adopted both by international organizations and academic scholars to explain the increasing international interdependence of economic activities and to capture the magnitude of globalization with its economic and social implications for countries and regions. Since its inception, it has emerged as a powerful language to describe the growth of international subcontracting by large multinationals, who outsourced manufacturing capabilities to firms in low-wage economies. This lecture will present the key concepts on which GVC analysis is based and illustrate how GVC analysis is being used today – both by academics and practitioners at major institutions such as the World Trade Organization, the International Labour Office, and the OECD. The lecture will highlight key trends in the global economy, with special reference to the emergence of China, and provide useful elements for debate in Italy, Europe and the United States around (the future of) manufacturing, jobs and development.
Gary Gereffi is Professor of Sociology and Director of the Center on Globalization, Governance, & Competitiveness at Duke University, where he teaches courses in economic sociology, globalization and comparative development, and international competitiveness. He received his B.A. degree from the University of Notre Dame and his M.Phil. and Ph.D. degrees from Yale University. Gereffi has published numerous books and articles on globalization, industrial upgrading, and social and economic development in various parts of the world. His books include: Manufacturing Miracles: Paths of Industrialization in Latin America and East Asia (Princeton University Press, 1990); Commodity Chains and Global Capitalism (Praeger Publishers, 1994); Free Trade and Uneven Development: The North American Apparel Industry after NAFTA (Temple University Press, 2002); The New Offshoring of Jobs and Global Development (International Institute of Labor Studies, 2006); Manufacturing Climate Solutions: Carbon-Reducing Technologies and U.S. Jobs (Center on Globalization, Governance & Competitiveness, Duke University, 2008); and Global Value Chains in a Postcrisis World: A Development Perspective (The World Bank, 2010). Gereffi’s research interests deal with the competitive strategies of global firms, the governance of global value chains, economic and social upgrading, and the emerging global knowledge economy.