Publication Type
Journal Article
Version
acceptedVersion
Publication Date
3-2026
Abstract
In their inaugural editorial, Van Assche and De Marchi (2024) argued that meaningful progress in international business policy requires a more fine-grained understanding of how private international business practices intersect with public policy objectives. This editorial builds on that insight by applying it to a critical yet still underexplored issue – one on which we hope to see more research in this journal: the role of multinational enterprises (MNEs) and global value chains (GVCs) in shaping economic inequality within developing economies. Decisions related to sourcing, contracting, and GVC governance are inherently distributional rather than neutral, with important implications for how gains from globalization are allocated across firms, regions, and social groups (Rygh, 2019). These distributional implications, whether stemming from deliberate strategic decisions or from the cumulative effects of routine business practices, remain insufficiently theorized and are only partially reflected in policy debates, despite their growing relevance for the design of international business policies aimed at inclusive and sustainable development.
Discipline
International Business | Strategic Management Policy
Research Areas
Strategy and Organisation
Publication
Journal of International Business Policy
ISSN
2522-0691
Publisher
Palgrave Macmillan
Embargo Period
4-1-2026
Citation
Soundararajan, Vivek; Van Assche, Ari; Bapuji, Hari; and ERTUG, Gokhan.
Global value chains and economic inequality. (2026). Journal of International Business Policy.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/7882
Copyright Owner and License
Authors
Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.