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A recurring topic facing development practitioners is understanding why certain economic actors are unable to gainfully participate in global value chains (GVCs), and how to overcome this issue. Inclusive development seeks to ensure all parties have equal opportunities to gainfully participate in industrial development – the focus of inclusivity may refer to countries (e.g., developing, lower-income, small or remote locations), firms (e.g., small- and medium-sized firms), or workers (e.g., women, youth, locals).
Research questions addressed include: How can developing countries gainfully engage in GVCs? What are the main constraints that small- and medium-sized firms in emerging nations face to participate in GVCs? What types of policies are successful in linking new economic actors to the global economy and what opportunities do these economic actors have to participate in value chains?
Following the USAID Breakfast Seminar #72 on September 20, 2012 “New Trends in Value Chain Upgrading: Lessons from Large and Small Countries,” Gary Gereffi sat down with Jeanne Downing of USAID to discuss the definition of inclusive value chain development (View YouTube video).
