In this episode I speak with Prof. Wim Naude. Wim is an economist active in academia, business and public policy making.  His focus is on innovation, technology and trade, and their consequences for human well-being, security, and prosperity. According to the Stanford and Elsevier rankings (version 5) Wim is among the top 2% of scientists in the world.

We discussed his recent research paper on late industrialisation and global value chains (GVCs)* under platform capitalism. Keywords: Digitisation · Digital platforms · GVCs · Industrialisation · Competition policy.

• A global value chain (GVC) is the series of stages in the production of a product or service for sale to consumers. Each stage adds value, and at least two stages are in different countries.” (World Bank, 2020:17)

Further reading:

Naudé, W. Late industrialisation and global value chains under platform capitalism. J. Ind. Bus. Econ. (2022). https://doi.org/10.1007/s40812-022-00240-2

World Bank: World Development Report 2020: Trading for Development in the Age of Global Value Chains