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    A dynamic spatial model of global governance structures

    Kumar, Ashok and Galanis, G. (2018) A dynamic spatial model of global governance structures. Working Paper. Post-Keynesian Economics Society.

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    This paper presents a novel understanding of the changing governance structures in global supply chains. Motivated by the global garment sector, we develop a geographical political economy dynamic model which reflects the interaction between bargaining power and distribution of value among buyer and producer firms. We find that the interplay between these two forces, in combination with the spatial specificities of global production, are necessary and sufficient to drive governance structures towards an intermediate position regarding their level of explicit coordination and power asymmetry.


    Item Type: Monograph (Working Paper)
    Keyword(s) / Subject(s): Global value chains, global production networks, uneven development, disequilibrium dynamics, monopsony power
    School: School of Business, Economics & Informatics > Management
    Depositing User: Administrator
    Date Deposited: 23 Feb 2023 06:31
    Last Modified: 23 Feb 2023 06:31


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