We are delighted that Riccardo Hausmann (Harvard University) has just published a review in Regional Studies of Harnessing Global Value Chains for regional development: How to upgrade through regional policy, FDI, and trade.
This Regional Studies Policy Impact Book, by Riccardo Crescenzi and Oliver Harman, brings together the latest academic evidence and public policy insights on global value chains (GVCs) and foreign direct investment (FDI). It comprises a comprehensive description and explanation of why they matter for regional development and policy. It focuses on how sub-national regions can leverage them for innovation and upgrading, or ‘levelling up’. Specifically, its attention is on how regions can build, embed and reshape GVCs to their local enhancement.
In his book review, Hausmann concludes
Harnessing Global Value Chains for Regional Development is a must-read for policymakers, researchers and anyone keen on understanding the dynamics of modern economic development, especially as they relate to global economic production. Crescenzi and Harman have crafted an important work that bridges theory with actionable insights, offering a roadmap for regions keen on leveraging GVCs for sustainable growth.
The full review can be read for free at https://doi.org/10.1080/00343404.2023.2291248.
To purchase a copy of Harnessing Global Value Chains for regional development, either as paperback or an eBook, please visit the Routledge Books page here.