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Risks and Opportunities of Participation in Global Value Chains

Publication ,  Journal Article
Gereffi, G; Luo, X
Published in: Journal of Banking and Financial Economics
August 17, 2015

Risk is inherent to the pursuit of opportunity. This paper surveys the recent literature and looks at the risks and opportunities firms and their workers face in the global value chains. First, it examines the risk-sharing mechanisms that firms provide from the national and global perspectives; second, it takes a closer look at the new opportunities and challenges for firms and individuals in the global arena; third, it discusses the role of economic upgrading and social upgrading; and finally it sheds light on how the government can help people manage risks and reap the benefits in the participation of global value chains.

Duke Scholars

Published In

Journal of Banking and Financial Economics

DOI

Publication Date

August 17, 2015

Volume

2

Issue

4

Start / End Page

51 / 63
 

Citation

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Gereffi, G., & Luo, X. (2015). Risks and Opportunities of Participation in Global Value Chains. Journal of Banking and Financial Economics, 2(4), 51–63. https://doi.org/10.7172/2353-6845.jbfe.2015.2.4
Gereffi, G., and Xubei Luo. “Risks and Opportunities of Participation in Global Value Chains.” Journal of Banking and Financial Economics 2, no. 4 (August 17, 2015): 51–63. https://doi.org/10.7172/2353-6845.jbfe.2015.2.4.
Gereffi G, Luo X. Risks and Opportunities of Participation in Global Value Chains. Journal of Banking and Financial Economics. 2015 Aug 17;2(4):51–63.
Gereffi, G., and Xubei Luo. “Risks and Opportunities of Participation in Global Value Chains.” Journal of Banking and Financial Economics, vol. 2, no. 4, Aug. 2015, pp. 51–63. Manual, doi:10.7172/2353-6845.jbfe.2015.2.4.
Gereffi G, Luo X. Risks and Opportunities of Participation in Global Value Chains. Journal of Banking and Financial Economics. 2015 Aug 17;2(4):51–63.

Published In

Journal of Banking and Financial Economics

DOI

Publication Date

August 17, 2015

Volume

2

Issue

4

Start / End Page

51 / 63