Global value chains (GVCs) are an important way in which modern businesses optimise their production processes by choosing to locate them in different countries. Given their importance to the world economy, it is no surprise that there is now a large literature in business. However, much less has been said about how insights from economics can be used in the analysis of GVCs. Reshaping Global Value Chains offers an in-depth and interdisciplinary analysis of global value chains, highlighting their crucial role in transforming global trade, production and development. It focuses on methods and toolkits closer to economics rather than other social sciences to explore key themes such as resilience, sustainability, innovation and inclusion, addressing the challenges posed by geopolitical, environmental and pandemic crises. Written by an impressive line-up of international scholars, this book provides practical and conceptual tools for understanding and rethinking GVCs in an era of increasing global uncertainty.

‘Reshaping Global Value Chains provides a rigorous and methodologically rich analysis of GVC dynamics, drawing on firm-, sector- and country-level evidence, historical and network analysis and policy-relevant perspectives. This volume stands out for its empirical depth and interdisciplinary breadth, making it a valuable resource for researchers and educators in international economics, international business, political economy and development studies seeking to understand the structural transformations reshaping global production.'

Davide Castellani - Professor of International Business and Strategy, Henley Business School, UK

‘In an age of escalating uncertainty, Reshaping Global Value Chains offers critical insights into key aspects of the rapidly evolving global economy. By discussing how crises are reshaping international production, this timely volume presents an ambitious research and policy agenda that embraces complexity and interdisciplinarity.'

Gianmarco Ottaviano - Professor of Economics, Achille and Giulia Boroli Chair in European Studies, Bocconi University