Abstract
The concluding chapter returns to the five critical research issues identified in the introduction to the edited volume. It summarises how the book’s chapters have advanced our knowledge on these issues, puts the findings into a broader context and then suggests topics for follow-up research. Particular attention is drawn to four ideas. First, policies towards global value chains (GVCs) generally create losers and winners, a factor that sometimes gets blurred in policy-oriented research. Second, the diversity of GVCs means that much can be learnt from comparative, cross-regional research. Third, regional value chains (RVCs) should not be seen as an alternative to GVCs. Global and regional value chains are tied to one another, and industrial policy on RVCs should make use of global linkages. Fourth, there is potential for further examining the role of cities/city regions in GVCs, especially regarding the impact on development in peripheral countries.
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Notes
- 1.
Strategic coupling is not always beneficial, however. There are three forms hereof: structural (foreign firms seek local assets for existing GVCs), functional (local companies meet the needs of existing GVCs) and indigenous (local firms expand globally, creating new GVCs) (Coe and Yeung 2015). Very generally speaking, indigenous coupling is best for the concerned places, whereas structural coupling tends to leave these places in a subordinate position; functional coupling stands between the two other forms.
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Scholvin, S., Black, A., Revilla Diez, J., Turok, I. (2019). Conclusion. In: Scholvin, S., Black, A., Revilla Diez, J., Turok, I. (eds) Value Chains in Sub-Saharan Africa. Advances in African Economic, Social and Political Development. Springer, Cham. https://doi.org/10.1007/978-3-030-06206-4_17
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