Expert Answers » Globalization
Globalization Glossary Definition (English)
Commodity Chains Defined
The following is in context to Globalization, because it's common for a single word to have multiple meanings you will find additional research links near the bottom of the page.
"Production processes carried out by "interorganizational networks clustered around one commodity or product, linking households, enterprises, and states to one another within the world economy," with greater share of control and wealth going to network nodes in core countries (G. Gereffi and M. Korzeniewicz, eds., Commodity Chains and Global Capitalism, 1994, p. 2). Refers to combination of spatial distribution of production across globe, flexible specialization of producers in particular countries, and intricate integration of dispersed production stages. Characteristic of many commodities, ranging from cars to athletic shoes to illegal drugs."
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Additional Commodity Chains Definition Starting Points
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Expert Dictionary: Commodity Chains
