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Symposium 2014

Global Supply Chains and Sustainability

The Challenge

The Rada Plaza fire in a clothing manufacturing plant in Bangladesh gave the world a sordid picture of the global supply chain at its worst. The owner of the plant became a poster child for GVC (Global Value Chain) players in emerging economies—large country-based companies with resources to gather labor pools of low-skilled, poorly-paid workers who are just grateful for any job, even in the most hellish work environment.

Not all supplier companies are the same, but what is clear is that economies of scale tends to be provided by large manufacturers. Left out are smaller cadres of small and medium-sized enterprises (SMEs) that belong to women, minorities, or migrants, whose opportunities for growth are hampered for being excluded from corporate or government supply chains.

    Solutions

    Solution
    Symposium 2014

    Diversifying the global supply chain through involvement of women entrepreneurs worldwide

    Diversifying the global supply chain through involvement of women entrepreneurs worldwide

    Diversifying the global supply chain through involvement of women entrepreneurs worldwide

    Polity, Academia, Business, Civil Society

    Proposals

    Proposal
    Symposium 2014

    Global Supply Chains and Sustainability: Solution suggestions

    The challenge for this session includes a very long list of questions – as is inevitable when one uses words that are as malleable as ‘sustainable’. A working definition of ‘sustainable’ whe ...

    The challenge for this session includes a very long list of questions – as is inevitable when one uses words that are as malleable as ‘sustainable’. A working definition of ‘sustainable’ when used in the context of international economics is ‘good’ (as defined by the writer). Given this, I’ve chosen to tackle one of the specific question in the challenge: “Is participation in global value chains a path towards economic development?” I’ve recently written a paper for the Asian Development Bank on “Development and future of Factory Asia” that speaks to many of the issues. When I coined the phrase

    Polity, Civil Society

    Background Paper

    Background Paper
    Symposium 2014

    Global Supply Chains and Sustainability

    Global value chains are on the rise and increasingly important for developing countries. This paper gives some facts about this challenge.

    Global value chains are on the rise and increasingly important for developing countries. This paper gives some facts about this challenge.

    Polity, Academia, Business, Civil Society

    Virtual Library

    Virtual Library File
    Symposium 2014

    Multilateralising 21st-century Regionalism

    Richard Baldwin stresses the changes in the nature of trade as an increasing share of world trade consists of trade in intermediates. This increases – in his opinion - the complexity of trade as it ...

    Richard Baldwin stresses the changes in the nature of trade as an increasing share of world trade consists of trade in intermediates. This increases – in his opinion - the complexity of trade as it is not just about selling goods but also about making goods. This has triggered a shift in trade governance. As fragmented production networks are strongly regionally embedded, governmental initiatives have shifted to the regional level thereby challenging the importance of multilateral trade agreements. Baldwin ultimately asks what role the WTO will play in the future and closely related, which trade agreement provisions should be harmonized at the multilateral and which at the regional level.

    Virtual Library File
    Symposium 2014

    Can FDI Help Developing Countries Upgrade Export Quality?

    Harding and Javorcik provide convincing evidence that increasing integration into global value chains via foreign direct investment (FDI) triggers export upgrading. They show that investment promotion ...

    Harding and Javorcik provide convincing evidence that increasing integration into global value chains via foreign direct investment (FDI) triggers export upgrading. They show that investment promotion leads to more inflows of FDI, which in turn allow developing countries to upgrade their export basket. This helps developing-country exports to catch up with the quality frontier. There is, however, no evidence of FDI increasing the similarity between the developing and the high-income export structure.

    Virtual Library File
    Symposium 2014

    UN Global Compact (2013). Global Corporate Sustainability Report.

    The report documents the state of corporate sustainability against the background of the ten principles of the UN Global Compact initiative that covers the fields of human rights, labor, the environme ...

    The report documents the state of corporate sustainability against the background of the ten principles of the UN Global Compact initiative that covers the fields of human rights, labor, the environment and anti-corruption. An important finding of the report is that sustainability of supply chains is still a major roadblock to overcome. While most firms consider adherence to the Global Compact principles by suppliers, only 18% assist them with setting and reviewing goals and just 9% take steps to verify remediation.