Work

Value capture amidst crisis? A geographical political economy perspective on value chain resilience

Year: 2025

Type: article

Abstract: How can different value chain actors mitigate threats or benefit from moments of volatility? This question has become essential as global value chains are restructuring, with policymakers and management scholars calling for increasing value chain resilience. Surveying geographers’ recent contributions, this paper develops a geographical political economy of value chain resilience, which helps explain immanent value struggles' relation to collaboration, conflict, and contingency. The paper does so, first, by elaborating on circulating and fixed capital for various fractions of capital. Second, the paper shows the antithetical position of labour and biophysical environments within and beyond value chains’ resilience.

Source: Progress in Human Geography

DOI: 10.1177/03091325251408904

Author: Jens Christiansen

Institution: Lund University

Language: English

Topic: Global trade, sustainability, and social impact

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: hybrid

Estimated APC paid: $3,900