TY - JOUR AU - Sturgeon * , Timothy J. AB - interdependent through the flows of goods, services, and financial capital since the 1 970s. The growing importance of export-oriented industrial- isation has made integration into the global economy virtually synonymous with development for a number of nations. Most recently, the projection of national production systems across borders through direct investment and internat- ional subcontracting has deepened the interdependence and functional integration of the world economy. However, there is an acute awareness that the gains from globalisation are very unevenly distributed within, as well as between, societies. Introduction: Globalisation, Value Chains and Development Gary Gereff j, John Humphrey, In recent years there has been a growing body of work analysing globalisation processes from the perspective of 'value chains'. Various researchers have taken up the idea that international trade in goods and services should not be seen solely, or even mainly, as a multitude of arm's-length market- Raphael Kaplinsky and Timothy J. Sturgeon* based transactions. An important part of global trade is conducted within multinational enterprises or through systems of governance that link firms together in a variety of sourcing and contracting arrangements. Research carried out on particular sectors, such as garments, electronics and agricultural commodities, has provided valuable insights TI - Introduction: Globalisation, Value Chains and Development JF - IDS Bulletin DO - 10.1111/j.1759-5436.2001.mp32003001.x DA - 2001-07-01 UR - https://www.deepdyve.com/lp/wiley/introduction-globalisation-value-chains-and-development-75KRwzz63y SP - 1 VL - 32 IS - 3 DP - DeepDyve ER -