Abstract and Keywords
This chapter highlights and evaluates the most significant economic–geographical research that examines the logic and role of production networks in facilitating global–local economic integration. It first explains how the global production network (GPN) approach describes and explains the logic of this global–local economic integration. Advocating a network understanding of the economic–geographical process of value transformation in a global mosaic of local and regional economies, this approach has deployed or developed three central concepts—power relations, network and territorial embeddedness, and strategic coupling. The chapter then considers the significance of this GPN literature, its key controversies, and the prospects and future directions for research in, what might be termed, GPN 2.0 research in economic geography in the next ten to fifteen years.
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