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100			_aBoudreau, L.Grossi, J.C. and Macchiavello, R. _944189
245			_aGlobal value chains in developing countries: A relational perspective from coffee and garments
260			_aThe Journal of Economic Perspectives
300			_a37(3), Summer, 2023: p.59-86
520			_aThere is a consensus that global value chains have aided developing countries' growth. This essay highlights the governance complexities arising from participating in such chains, drawing from lessons we have learned conducting research in the coffee and garment supply chains. Market power of international buyers can lead to inefficiently low wages, prices, quality standards, and poor working conditions. At the same time, some degree of market power might be needed to sustain long-term supply relationships that are beneficial in a world with incomplete contracts. We discuss how buyers' market power and long-term supply relationships interact and how these relationships at the export-gate could be leveraged to enhance sustainability in the domestic part of the chains. We hope that the lessons learned by combining detailed data and contextual knowledge in two specific chains—coffee and garments—have broader applicability to other global value chains. – Reproduced https://www.aeaweb.org/articles?id=10.1257/jep.37.3.59
773			_aThe Journal of Economic Perspectives
906			_aINTERNATIONAL TRADE
942			_cAR