Value chain approaches to reducing policy spillovers on international business
Journal of international business policy, 2021, Vol. 4, pp. 390-409
FINDLAY, Christopher, HOEKMAN, Bernard M., Value chain approaches to reducing policy spillovers on international business, Journal of international business policy, 2021, Vol. 4, pp. 390-409 - https://hdl.handle.net/1814/70203
Retrieved from Cadmus, EUI Research Repository
Government policy can add to the costs of doing international business. It can distort the construction of and raise the costs of operation of global value chains (GVCs), to the detriment of the participating economies. Given rising technological and market-driven headwinds confronting GVCs, countries seeking to attract GVC activities have greater incentives to identify and address policies that negatively affect international business investment. Cooperation of businesses with regulators, analysts, and researchers has the scope to develop better policy. This paper suggests principles for the design and operation of such cooperation, drawing on the experience with multi-stakeholder value chain partnerships and the policy responses to the 2020 COVID-19 pandemic.
First published online: 27 November 2020
Cadmus permanent link: https://hdl.handle.net/1814/70203
Full-text via DOI: 10.1057/s42214-020-00083-5
ISSN: 2522-0691; 2522-0705
Publisher: Palgrave Macmillan
Sponsorship and Funder information:
This article was published Open Access with the support from the EUI Library through the CRUI - Springer Transformative Agreement (2020-2024)
Initial version: https://hdl.handle.net/1814/68678
Version: The article is a published version of EUI RSCAS WP 2020/49
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