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April 14, 2022Cambridge Journal of Regions Economy and Society119 citationsOpen Access

Globalisation in reverse? Reconfiguring the geographies of value chains and production networks

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HGHuiwen GongRHRobert HassinkCFChristopher Foster

Key Points

  • Identify key forces driving the restructuring of global value chains and evaluate emerging patterns in the geography of global production networks.
  • Conducted a comprehensive literature review synthesizing contemporary debates on economic globalization and value chain reconfiguration.
  • Categorized and evaluated multiple contributing studies across primary macroeconomic drivers and underlying structural logics.
  • Identified four key forces reshaping global networks: pandemic disruptions, heightened geopolitical tensions, disruptive technologies, and urgent environmental challenges.
  • Showed that global value chain reconfiguration operates alongside durable capitalist logics rather than representing a complete reversal of globalization.
  • Outlined a forward-looking research agenda focused on network resilience, regionalization, and structural uncertainty.

Abstract

Abstract Standing at a crossroads, where ongoing ‘slowbalisation’ coincides with new forces such as the outbreak of the Covid-19 pandemic, heightened geopolitical tensions, the emergence of disruptive technologies and the increasing urgency of addressing environmental challenges, many important questions remain unsolved regarding the nature and impact of the current economic globalisation. This special issue on ‘Globalisation in Reverse? Reconfiguring the Geographies of Value Chains and Production Networks’ aims at showcasing recent work that seeks to contribute to, and advance, the debates on economic globalisation and the reconfiguration of global value chains and production networks. This introductory article has three objectives: first, based on a broad literature review, we aim to identify four key forces, as well as the fundamental relatively stable capitalist logics contributing to the complex reconfiguration of global economic activities. Second, we will position the papers included in this special issue against the four main forces identified and discuss the contributions of each article to capture some emerging cross-paper patterns among them. Finally, we outline the contours of a research agenda that suggests promising avenues for further investigation of the phenomenon of value chain and production network reconfigurations in times of uncertainty.

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Cite This Study

Gong et al. (2022) studied this question.

synapsesocial.com/papers/6a1bc1b15b8f4ede65a8f630https://doi.org/10.1093/cjres/rsac012
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