The international fragmentation of production is re-shaping the world economy. Global value chains (GVCs) are at the forefront of this phenomenon with China and the EU emerging as key production hubs. The evidence suggests that value chains are increasingly regional rather than global with three...

The literature on small and medium-sized enterprise (SME) finance highlights linkages with large firms in value chains as a possible way to enhance access to credit. However, much of the literature on value chains emphasizes issues of coordination and governance of those linkages and their...

The literature on small and medium-sized enterprise (SME) finance highlights linkages with large firms in value chains as a possible way to enhance access to credit. However, much of the literature on value chains emphasizes issues of coordination and governance of those linkages and their...