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Quality standards, value chains, and international development: an economic and political theory

By: Swinnen, Johan F. M.
Material type: materialTypeLabelBookPublisher: Cambridge Cambridge University Press 2015Description: 328 p.ISBN: 9781107688865.Subject(s): Value | International trade | Economic developmentDDC classification: 330.01 Summary: Over the past decades, the world has witnessed an unprecedented growth in global value chains, propelled by increasingly demanding quality standards. These trends lead to concerns about the impact of value chains on development and poverty and about the possible protectionist nature of quality standards in rich countries. This book offers the first integrated theoretical analysis of the economic and political factors which determine the level of quality standards, as well as their economic effects along the value chain. Using realistic assumptions motivated by empirical research, the theoretical framework in this book makes it possible to study the efficiency effects as well as the distributional consequences of one of the most striking evolutions affecting global trade and development today. • Offers the first integrated theoretical analysis of the economic and political factors which determine the level of quality standards • Explores the economic and political dimensions of the food supply chain, in particular the quality standards used in product manufacture and distribution • Aimed at researchers in the academic world and in policy institutions who study international trade and globalisation, development, as well as agricultural policy http://www.cambridge.org/catalogue/catalogue.asp?isbn=9781107025912
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Non-fiction 330.01 S9Q8 (Browse shelf) Available 193185

Contents

1. Introduction; 2. Modelling standards; 3. Efficiency and equity effects of standards; 4. The political economy of standards and development; 5. International trade and standards; 6. Risks, externalities and the nature of standards; 7. Endogenous private and public standards in value chains; 8. Butterflies and political economy dynamics in standard setting; 9. The political economy of standards and inclusion in value chains; 10. Standards, production structure and inclusion in value chains; 11. Standards, market imperfections and vertical coordination in value chains; 12. Market power and vertical coordination in value chains; 13. Price transmission in value chains; 14. Commodity characteristics and value chain governance; 15. Economic liberalisation, value chains and development; 16. Standards and value chains with contracting costs: towards a general model; 17. General equilibrium effects of standards in value chains.

Over the past decades, the world has witnessed an unprecedented growth in global value chains, propelled by increasingly demanding quality standards. These trends lead to concerns about the impact of value chains on development and poverty and about the possible protectionist nature of quality standards in rich countries. This book offers the first integrated theoretical analysis of the economic and political factors which determine the level of quality standards, as well as their economic effects along the value chain. Using realistic assumptions motivated by empirical research, the theoretical framework in this book makes it possible to study the efficiency effects as well as the distributional consequences of one of the most striking evolutions affecting global trade and development today.

• Offers the first integrated theoretical analysis of the economic and political factors which determine the level of quality standards • Explores the economic and political dimensions of the food supply chain, in particular the quality standards used in product manufacture and distribution • Aimed at researchers in the academic world and in policy institutions who study international trade and globalisation, development, as well as agricultural policy

http://www.cambridge.org/catalogue/catalogue.asp?isbn=9781107025912

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