What are Global Value Chains and why they matter for economic & regional development | LSE Research

To understand Global Value Chains, consider the bicycle. Bicycles are not solely produced in one place, rather they are created across countries—a collection of regions delivering components and services bringing the bicycle to the end consumer. Each contributor, located and spread throughout the world, adds value to this end product. This end-to-end process is the Global Value Chain.



#Economics

[moussaben]

This work makes you love researching global value chains

[prashant]

Good analysis.. Please use corect map of India.

[TheReubstar]

Do value chains include resource extraction?

[汉字漢字-wv]

also dont forget the contribution of our thousands of year old ancestor for the first prototype

[danecjensen]

bikes can be produced in one country if need be.