Global Value Chain Strategies Before and After the Pandemic Crisis: The Case of Volvo Cars

2021 ◽

Vol 13 (11) ◽

pp. 30

Author(s):

Adelaide Baronchelli ◽

Teodora Erika Uberti

Keyword(s):

International Economic ◽

Economic Integration ◽

Value Chain ◽

World Trade ◽

Positive Association ◽

Foreign Direct Investments ◽

Global Value Chain ◽

Key Players ◽

Before And After ◽

New Millennium

Trade and foreign direct investments (FDI) represent the real and the capital side of international economic integration. While Network Analysis (NA) on world trade network (WTN) is wide, few analyses describe world investment networks (WIN), since FDI data suitable for comparison are very scarce and very complex to collect. In this paper, we exploit FDI Bilateral Statistics by UNCTAD (2014), to compare WTN and WIN in the first decade of the new millennium, before and after 2008 crisis. Results show that all countries are integrated since there are few isolated economies, and unique largest components emerge confirming the complexity of global value chain. 2008 economic crisis affected WTN, but not WIN. Geography, rather than economic similarity, is crucial in defining trading connections and cohesive subgroups. WIN and WTN links are mutual in all networks, confirming that once a link is established, it is easier to maintain all commercial relations. WIN and WTN key players are USA, Germany and China for Exports, while USA and Germany for FDI. There is a positive association between couplets of WTN and WIN links, conjecturing that FDI and Exports networks could be complements, rather than substitute.

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Reimaging Post COVID-19 Global Value Chain: Case Study of Automotive and Electronic Companies in China

Jurnal Global & Strategis ◽

10.20473/jgs.15.2.2021.255-286 ◽

2021 ◽

Vol 15 (2) ◽

pp. 255

Author(s):

Rizky Anggia Putri ◽

Maula Hudaya

Keyword(s):

Production Process ◽

Value Chain ◽

International Community ◽

Global Value Chain ◽

Economic Activities ◽

Human Interactions ◽

Before And After ◽

The Impact ◽

New System

The outbreak of the COVID-19 pandemic at the end of 2019 caused various problems for the international community, especially China as the outbreak’s epicenter. With the enactment of a lockdown policy in China, various activities involving human interactions, especially economic activities, are limited and can potentially disrupt the global value chain as China is the world’s factory. In this paper, we examine the impact of the pandemic on the Global Value Chain (GVC) in China. The authors argue that the pandemic has forced the companies that integrated with GVC to rethink their strategy on keeping the production process running well. This paper analyzes the impact of pandemics on the GVC in China by comparing the historical trajectories, actor’s strategies, and regulations before and after the pandemic. We compare these indicators before and after the pandemic to determine how they affect the GVC system and how companies adapt to the disruption by rethinking and readjusting their strategies. Thus, the analysis can conclude whether the fragmented GVC system is still relevant or needs an entirely new system with more resistance to phenomena like the COVID-19 pandemic.Keywords: The COVID-19 pandemic, Lockdown, Fragmented Global Value Chain, Companies Operated in ChinaMerebaknya pandemi COVID-19 di penghujung tahun 2019 menimbulkan berbagai permasalahan bagi dunia internasional khususnya Tiongkok sebagai episentrum penyebaran virus. Dengan diberlakukannya kebijakan lockdown di Tiongkok, berbagai aktivitas yang melibatkan interaksi manusia, khususnya aktivitas ekonomi, menjadi terbatas dan berpotensi mengganggu rantai nilai global karena Tiongkok adalah pabrik dunia. Dalam tulisan ini kami membahas dampak pandemi pada Global Value Chain (GVC) di Tiongkok. Penulis berpendapat bahwa pandemi telah memaksa perusahaan yang terintegrasi dengan GVC untuk memikirkan kembali strategi mereka dalam menjaga agar proses produksi tetap berjalan dengan baik. Tulisan ini menganalisis dampak pandemi terhadap GVC di Tiongkok dengan membandingkan lintasan historis, strategi aktor dan regulasi sebelum dan sesudah pandemi. Dengan membandingkan indikator-indikator tersebut di masa sebelum dan setelah pandemi, akan membantu untuk mengetahui bagaimana pandemi memengaruhi sistem GVC dan bagaimana perusahaan beradaptasi terhadap gangguan dengan memikirkan dan menyesuaikan kembali strategi mereka. Dengan demikian, analisis tersebut dapat digunakan untuk menyimpulkan apakah sistem GVC yang terfragmentasi masih relevan atau ternyata diperlukan sistem yang benar-benar baru yang lebih tahan terhadap fenomena pandemi COVID-19 tersebut.Kata-kata Kunci: Pandemi COVID-19, Lockdown, Global Value Chain Terfragmentasi, Perusahaan yang beroperasi di Tiongkok

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Exporters and global value chain participation: Firm-level evidence from South Africa

10.35188/unu-wider/2020/902-0 ◽

2020 ◽

Author(s):

Caio Torres Mazzi ◽

Gideon Ndubuisi ◽

Elvis Avenyo

Keyword(s):

South Africa ◽

South African ◽

Value Chain ◽

Export Performance ◽

Global Value Chain ◽

Foreign Markets ◽

Firm Level ◽

Before And After ◽

Post Entry ◽

Related Trade

Using the South African Revenue Service and National Treasury firm-level panel data for 2009–17, this paper investigates how global value chain-related trade affects the export performance of manufacturing firms in South Africa. In particular, the paper uses extant classifications of internationally traded products to identify different categories of global value chain-related products and compares the productivity premium of international traders for these different categories. Also, the paper investigates possible differences in learning-by-exporting effects across the identified categories of global value chain-related products by estimating the effect of exporting before and after entry into foreign markets. The results confirm that global value chain-related trade is associated with a higher productivity premium compared with traditional trade. However, within the categories of exporters, only the firms that trade in global value chain-related products and simultaneously engage in research and development in the post-entry periods appear to learn from exporting.

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International Economic Integration: Comparing Exports and FDI Networks in the New Millennium

International Journal of Economics and Finance ◽

10.5539/ijef.v13n11p34 ◽

2021 ◽

Vol 13 (11) ◽

pp. 34

Author(s):

Adelaide Baronchelli ◽

Teodora Erika Uberti

Keyword(s):

International Economic ◽

Economic Integration ◽

Value Chain ◽

World Trade ◽

Positive Association ◽

Foreign Direct Investments ◽

Global Value Chain ◽

Key Players ◽

Before And After ◽

New Millennium

Trade and foreign direct investments (FDI) represent the real and the capital side of international economic integration. While Network Analysis (NA) on world trade network (WTN) is wide, few analyses describe world investment networks (WIN), since FDI data suitable for comparison are very scarce and very complex to collect. In this paper, we exploit FDI Bilateral Statistics by UNCTAD (2014), to compare WTN and WIN in the first decade of the new millennium, before and after 2008 crisis. Results show that all countries are integrated since there are few isolated economies, and unique largest components emerge confirming the complexity of global value chain. 2008 economic crisis affected WTN, but not WIN. Geography, rather than economic similarity, is crucial in defining trading connections and cohesive subgroups. WIN and WTN links are mutual in all networks, confirming that once a link is established, it is easier to maintain all commercial relations. WIN and WTN key players are USA, Germany and China for Exports, while USA and Germany for FDI. There is a positive association between couplets of WTN and WIN links, conjecturing that FDI and Exports networks could be complements, rather than substitute.

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The Changing Patterns of North Korea’s International Film Co-Productions Since the 1980s: A Global Value Chain Approach

European Journal of Korean Studies ◽

10.33526/ejks.20201902.83 ◽

2020 ◽

pp. 83-108

Author(s):

Moon Hwy-Chang ◽

Wenyang Yin

Keyword(s):

Value Chain ◽

North Korea ◽

Film Industry ◽

International Standards ◽

The Political ◽

Global Value Chain ◽

Comprehensive Understanding ◽

Changing Patterns ◽

Film Productions

Although North Korea is one of the most closed countries in the world, it has long been pursuing international cooperation with other countries in order to upgrade the quality of its film industry to international standards. Preceding studies on this topic have mainly focused on the political influences behind filmmaking in general and very few studies have exclusively dealt with North Korea’s international co-productions. In this respect, in order to develop a comprehensive understanding of the internalization strategy of North Korea’s film productions, this paper uses the global value chain as a framework for analysis. This approach helps understand the internationalization pattern of each value chain activity of film co-productions in terms of the film location and the methods for collaborating with foreign partners. By dividing the evolution of North Korea’s international co-productions into three periods since the 1980s, this paper finds that although North Korea has shown mixed results with different aspects of the film value chain, it has generally improved its internationalization over the three periods. This paper further provides strategic directions for North Korea by learning some of the successful Chinese experiences in the film sector regarding collaboration with foreign partners—to foster a win-win situation for all involved parties.

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