Global Production Networks

Abstract Accelerating processes of economic globalization have fundamentally reshaped the organization of the global economy towards much greater integration and functional interdependence through cross-border economic activity. In this interconnected world system, a new form of economic organization, termed global production networks (GPNs) in this book, has emerged that brings together a wide array of economic actors, most notably capitalist firms, state institutions, labour unions, consumers, and non-government organizations, in the transnational production of economic value. National and sub-national economic development in this highly interdependent global economy can no longer be conceived of, and…