Download Articulations of Capital: Global Production Networks and by John Pickles, Adrian Smith et al. PDF
By John Pickles, Adrian Smith et al.
Articulations of Capital offers an available, grounded, but theoretically-sophisticated account of the geographies of worldwide creation networks, worth chains, and local improvement in post-socialist jap and significant Europe.
- Proposes a brand new theorization of world price chains as a part of a conjunctural financial geography
- Develops a collection of conceptual and theoretical arguments in regards to the local embeddedness of worldwide production
- Draws on longitudinal empirical study from over two decades within the Bulgarian and Slovakian clothing industries
- Makes a massive intervention into the controversy over the commercial geographies of ecu integration and ecu enlargement
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Extra resources for Articulations of Capital: Global Production Networks and Regional Transformations
S (1994: 4) influential formulation, “[t]he GCC approach explains the distribution of wealth within a chain as an outcome of the relative intensity of competition within different nodes”. 3 For Gereffi et al. (2005: 79), the term “value chain” focuses attention on the ways in which value‐added in the supply chain is captured differentially by stronger and weaker actors, how the globalization of supply chains alters the dynamics among actors in the chain, and how value‐added processes lead to enhanced value capture and upgrading by firm and chains.
As a result, returns to capital typically concentrated in the core economies have increased, while returns to wages in manufacturing operations have generally declined (Milberg and Winkler 2013). With value chain disaggregation and coordination, the operations of design, development and retail have been increasingly drawn into the management and monitoring of complex first, second and third tier sub‐ contracting production networks, reaching across an increasingly large number of countries. Quota removal further expanded the range of opportunities for footloose sourcing, which in turn expanded employment opportunities in some regions, but often at the cost of more widespread predatory employment practices, feminization of work and the depression of wages.
Distributed responsibility for ensuring decent working conditions across a much broader range of actors, many of whom are ill‐equipped to facilitate workplace standards and social upgrading. 5. The rise of publicly traded branded buyers and retailers with ever shorter financial horizons as the key lead firm in the management of these circuits of trade and value. 6. Limited or no local or regional capacity for the development of backward linkages into yarn and fabric manufacture, especially in new assembly locations.