S. Javed Maswood Maswood Revisiting Globalization and the Rise of Global Production Networks

Revisiting Globalization and the Rise of Global Production Networks

von S. Javed Maswood

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Beschreibung

This book takes issue with the likening of contemporary globalization to nineteenth century trade interdependence, in which the defining feature of contemporary globalization is the spread of global production networks, which were notably absent in the past. Maswood demonstrates that the emergence of global production networks (GPNs) was not a result of economic and trade liberalization, but instead due to neo-protectionist developments in the 1980s that acted as a catalyst to transform Japan’s nationally based production networks into the now ubiquitous GPNs. Through this case study of Japan, the author lays out a case for reconsidering the origins of globalisation, and explores some of the consequences that are likely to flow from progressive evolutionary transition towards a global economy.

"This view of globalization grounded in manufacturing networks conveys a powerful message about international trade and investment that deserves to be widely read."

 —Clement M. Henry, The University of Texas at Austin, USA


This book takes issue with the likening of contemporary globalization to nineteenth century trade interdependence, in which the defining feature of contemporary globalization is the spread of global production networks, which were notably absent in the past. Maswood demonstrates that the emergence of global production networks (GPNs) was not a result of economic and trade liberalization, but instead due to neo-protectionist developments in the 1980s that acted as a catalyst to transform Japan’s nationally based production networks into the now ubiquitous GPNs. Through this case study of Japan, the author lays out a case for reconsidering the origins of globalization, and explores some of the consequences that are likely to flow from progressive evolutionary transition towards a global economy.


Suggests that the novelty of segmenting globalization into that of consumption and production means that contemporary economic globalization is unique and without historical parallels Argues that economic inequality is a result not of economic failures (of globalization) but of political failures unrelated to globalization Provides an uncommon explanation of globalization and takes issue with the dominant literature on the subject

Autor*in

S. Javed Maswood

Themen in »Revisiting Globalization and the Rise of Global Production Networks«

International Political Economy The absence of protectionism Global Financial Crisis Trade interdependence Japan Global production network (GPN) The first period of globalization Trigger price mechanisms (TPMs) Orderly marketing agreements (OMAs)

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Details

ISBN: 9783319868288
Verlag: Springer International Publishing
Erscheinung: 04.08.2018

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