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IDS Bulletin Vol. 32 Nos. 3

Introduction: Globalisation, Value Chains and Development

Published on 1 July 2001

Globalisation has become a catchword for the international economy in the late twentieth century. It is a truism that nations have become more interdependent through the flows of goods, services, and financial capital since the 1970s. The growing importance of export-oriented industrialisation has made integration into the global economy virtually synonymous with development for a number of nations. Most recently, the projection of national production systems across borders through direct investment and international subcontracting has deepened the interdependence and functional integration of the world economy. However, there is an acute awareness that the gains from globalisation are very unevenly distributed within, as well as between, societies.

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Gereffi, G., Humphrey, J., Kaplinsky, R. and Sturgeon, T., J. (2001) Introduction: Globalisation, Value Chains and Development. IDS Bulletin 32(3): 1-8

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Image of John Humphrey
John Humphrey

Professorial Fellow

Publication details

published by
IDS
authors
Gereffi, G., Humphrey, J., Kaplinsky, R. and Sturgeon, T.
journal
IDS Bulletin, volume 32, issue 3

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