Asian production network
What is clear is that GVCs as they are usually described do not reflect the international production networks that we see around the world today. By , the centre of the network had completely shifted to China, pushing the United States and Japan to the periphery. It drew on two key supply chains originating in Japan, one via Malaysia and the other via Singapore. It is observed that more developed East Asian economies like Japan and Korea have a deep base of industrial suppliers to large firms in GPNs including small and medium enterprises SMEs. Your email address will not be published. The organisation of international production networks has so far been mostly regional, producing in a given region and selling to consumers in that same region.
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