A dynamic model of global value network governance

Galanis, Giorgos and Kumar, Ashok. 2021. A dynamic model of global value network governance. Environment and Planning A: Economy and Space, 53(1), pp. 53-72. ISSN 0308-518X [Article]

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Abstract or Description

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 that 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 and consolidation, can drive governance structures towards a more symbiotic position.

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This paper was written in part with the generous support of the Leverhulme Trust.


Disequilibrium dynamics, global production networks, global value chains, monopsony power, uneven development

Departments, Centres and Research Units:

Institute of Management Studies


16 April 2020Accepted
12 May 2020Published Online
1 February 2021Published

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Date Deposited:

04 Jun 2020 11:25

Last Modified:

09 Jun 2021 16:33

Peer Reviewed:

Yes, this version has been peer-reviewed.



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