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Studies conceptual foundations of GVC analysis, twin pillars of 'governance' and 'upgrading', and detailed cases of emerging economies.This book traces the emergence of arguably the most influential approach used to analyze globalization and its impacts. It studies the conceptual foundations of global value chains (GVC) analysis, and the twin pillars of 'governance' and 'upgrading', along with detailed case studies of China, Mexico and other emerging economies.This book traces the emergence of arguably the most influential approach used to analyze globalization and its impacts. It studies the conceptual foundations of global value chains (GVC) analysis, and the twin pillars of 'governance' and 'upgrading', along with detailed case studies of China, Mexico and other emerging economies.Globalization has transformed how nations, firms and workers compete in the international economy over the past half century. This book by Gary Gereffi, one of the founders of the global value chains (GVC) framework, traces the emergence of arguably the most influential approach used to analyze globalization and its impacts. It studies the conceptual foundations of GVC analysis, the twin pillars of 'governance' and 'upgrading', along with detailed case studies of China, Mexico and other emerging economies as main beneficiaries of export-oriented industrialization, and addresses potential solutions to the deleterious impact of globalization on workers and communities.Foreword Pascal Lamy; 1. The emergence of global value chains: ideas, institutions and research communities; Part I. Foundations of the Global Value Chain Framework: 2. The organization of buyer-driven global commodity chains: how US retailers shape overseas production networks; 3. International trade and industrial upgrading in the apparel commodity chain; 4. The governance of global value chains with John Humphrey and Timothy J. Sturgeon; Part II. Expanding the Governance and Upgrading Dimensions in GVCs: 5. The global ecol31