International Development LSE 86d ago

Is it true that Global Value Chains (GVCs) 'boost incomes, create better jobs, and reduce poverty', as commonly claimed? In this compelling book, Selwyn, Bernhold, and Leyden show how the mainstream notion of GVCs obscures their capitalist character. To transcend this shortcoming, the authors introduce the concept of Capitalist Value Chains (CVCs). They explore how and why CVCs generate many highly exploitative jobs, new forms of poverty, are stunting real human development, and are destroying the world's environment.