Chapter 1: Global Value Chain Evolution: Implications for the World
The following sections are included:
Introduction
Industry Disruption, Upgrading and Migration
GVC Evolution Trends
Rise of America (1890s–1940s)
War Revitalisation (1940s–1960s)
Asian Dragons (1960s–1990s)
China’s Awakening (1990s–2010s)
Recent Manufacturing Trends
Extrapolating the Next Wave in GVC Evolution
Methodology and Results
Industry Migration Models Classification
Productivity Step-Up Model
Demographic Dividends Realisation Model
Demand-Upgrading Model
National Policies Push-Pull Model
Supply Chain Relocation Model
Knowledge Technology-Driven Model
Evolution of GVC in the 2020s
Covid-19 Pandemic & US-China Trade War
Industrial Policy
Where are China, Southeast Asia and the U.S. Headed?
Conclusion
References