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How Global Value Chains, Much Hyped by Development Experts, Slowed Growth and Preserved Inequality in Middle Income Countries
nakedcapitalism.com/2025/07/how-global-value-chains-much-hyped-by-development-experts-slowed-growth-and-preserved-inequality-in-middle-income-countries.html
Yves here. Economists have much to answer for. This post describes (and IMHO is not even remotely critical enough) of how the World Bank and other powerful voices sold the canard to developing countries that opening themselves to “global value chains” as in multinationals and their…
This story appeared on nakedcapitalism.com, 2025-07-04 13:55:21.