Value chain approaches to reducing policy spillovers on international business

Christopher Findlay, Bernard Hoekman

    Research output: Contribution to journalArticle


    Government policy can add to the costs of doing international business. It can distort the construction of and raise the costs of operation of global value chains (GVCs), to the detriment of the participating economies. Given rising technological and market-driven headwinds confronting GVCs, countries seeking to attract GVC activities have greater incentives to identify and address policies that negatively affect international business investment. Cooperation of businesses with regulators, analysts, and researchers has the scope to develop better policy. This paper suggests principles for the design and operation of such cooperation, drawing on the experience with multi-stakeholder value chain partnerships and the policy responses to the 2020 COVID-19 pandemic.
    Original languageEnglish
    Pages (from-to)390-409
    JournalJournal of International Business Policy
    Publication statusPublished - 2021


    Dive into the research topics of 'Value chain approaches to reducing policy spillovers on international business'. Together they form a unique fingerprint.

    Cite this