© Peter Dicken 2015

Tangled Webs: Unravelling Complexity In The Global Economy Global Shift Chapter 3

Review Concepts to Review Key Words Globalization Hyper-globalizers, sceptics, transformationalists Key Words Global production networks, financialization, transnational corporations, processes of globalization, connectivity, complexity, geographical clusters

Global Production Networks Definition of GPNs GPNs are networks which are geographically extensive and functionally integrated across national boundaries rather than actually spanning the whole world Traits of GPNs Turning inputs into outputs through production circuits Unevenness of power relations Involved in both cooperation and competition at the same time Integrate firms into structures which blur traditional organizational boundaries

GPNs (continued) Infrastructure of GPNs Concept of Financialization Formation of GPNs Deterritorialization of capital Multiscalar regulatory systems and their impact on GPNs Relationship of state to GPNs Concept of Financialization Drives the formation and expansion of GPNs

Actors Within GPNs Transnational Corporations Labour Consumers Global Civil Society Organizations

Geographical Clusters The Nature of Geographical Clusters generalized versus specialized formation structure territorial embeddedness Networks geographical organizational