Rethinking Global Value Chains in Latin America under COVID 19: Challenges and Opportunities for Exporting Firms

This article examines the debate regarding regional integration and Global Value Chains (GVCs) in Latin America, and the challenges and opportunities that a deepening integration would have for exporting firms. The Latin American region had been progressively taking part in these integrated economic...

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Autores:
Sotomayor, Maritza
Cordova, Miguel
Tipo de recurso:
Fecha de publicación:
2022
Institución:
Universidad EAFIT
Repositorio:
Repositorio EAFIT
Idioma:
eng
OAI Identifier:
oai:repository.eafit.edu.co:10784/33189
Acceso en línea:
http://hdl.handle.net/10784/33189
Palabra clave:
COVID-19
GVCs
Latin America
Regional Integration
Emerging Markets|Emerging Economies
COVID-19
CGV
América Latina
integración regional
mercados emergentes
economías emergentes
Rights
License
Copyright © 2022 Maritza Sotomayor, Miguel Cordova
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spelling Utah Valley UniversityPontificia Universidad Católica del PerúSotomayor, MaritzaCordova, Miguel2022-06-162023-12-13T16:11:00Z2022-06-162023-12-13T16:11:00Z2256-43221692-0279http://hdl.handle.net/10784/3318910.17230/Ad-minister.40.1This article examines the debate regarding regional integration and Global Value Chains (GVCs) in Latin America, and the challenges and opportunities that a deepening integration would have for exporting firms. The Latin American region had been progressively taking part in these integrated economic systems when COVID 19 hit. The pandemic has exposed weaknesses in its participation due to several factors, including its dependence on extra-regional hubs. Nevertheless, the disruption has brought back the need to consider the advantages of Latin American GVCs that could enhance the resilience and performance of regional firms. The review shows various benefits in carrying out a regional integration that is GVCs-oriented, similar to Asian and European countries. However, achieving the same level of regional GVC is not without challenges for firms, governments, and institutions. This article examines these alternatives in the context of an economic and health crisis.Este artículo examina el debate sobre integración regional y Cadenas Globales de Valor (CGV) en América Latina y los desafíos y oportunidades que una integración más profunda tendría para las empresas exportadoras. La región latinoamericana estaba participando progresivamente en estos sistemas económicos integrados cuando llegó el COVID 19. La pandemia ha puesto de manifiesto debilidades en su participación debido a varios factores, incluida su dependencia de centros extrarregionales. Sin embargo, la disrupción ha traído de vuelta la necesidad de considerar las ventajas de las CGV latinoamericanas que mejorarían la resiliencia y el desempeño de las empresas regionales. La revisión muestra algunos beneficios al llevar a cabo una integración regional orientada a las CGV, similar a los países asiáticos y europeos. Sin embargo, lograr el mismo nivel de CGV regional no está exento de desafíos para las empresas, los gobiernos y las instituciones. Este artículo examina estas alternativas en el contexto de una crisis económica y sanitaria.application/pdfengUniversidad EAFIThttp://publicaciones.eafit.edu.co/index.php/administer/article/view/6979http://publicaciones.eafit.edu.co/index.php/administer/article/view/6979Copyright © 2022 Maritza Sotomayor, Miguel CordovaopenAccessLibre accesohttp://purl.org/coar/access_right/c_abf2AD-minister: No 40 (2022)Rethinking Global Value Chains in Latin America under COVID 19: Challenges and Opportunities for Exporting FirmsRepensando las Cadenas Globales de Valor en América Latina bajo el COVID 19: Desafíos y Oportunidades para las Empresas Exportadorasarticleinfo:eu-repo/semantics/articlepublishedVersioninfo:eu-repo/semantics/publishedVersionArtículohttp://purl.org/coar/version/c_970fb48d4fbd8a85http://purl.org/coar/resource_type/c_6501http://purl.org/coar/resource_type/c_2df8fbb1COVID-19GVCsLatin AmericaRegional IntegrationEmerging Markets|Emerging EconomiesCOVID-19CGVAmérica Latinaintegración regionalmercados emergenteseconomías emergentesAD-minister40530THUMBNAILadminister_40.jpgadminister_40.jpgimage/jpeg36354https://repository.eafit.edu.co/bitstreams/ddccb98b-0f49-451b-b982-f4dee75b6d97/downloadb36a6920c5da90523e81c5238c97d108MD5110784/33189oai:repository.eafit.edu.co:10784/331892023-12-13 11:32:37.263metadata.onlyhttps://repository.eafit.edu.coRepositorio Institucional Universidad EAFITrepositorio@eafit.edu.co
dc.title.eng.fl_str_mv Rethinking Global Value Chains in Latin America under COVID 19: Challenges and Opportunities for Exporting Firms
dc.title.spa.fl_str_mv Repensando las Cadenas Globales de Valor en América Latina bajo el COVID 19: Desafíos y Oportunidades para las Empresas Exportadoras
title Rethinking Global Value Chains in Latin America under COVID 19: Challenges and Opportunities for Exporting Firms
spellingShingle Rethinking Global Value Chains in Latin America under COVID 19: Challenges and Opportunities for Exporting Firms
COVID-19
GVCs
Latin America
Regional Integration
Emerging Markets|Emerging Economies
COVID-19
CGV
América Latina
integración regional
mercados emergentes
economías emergentes
title_short Rethinking Global Value Chains in Latin America under COVID 19: Challenges and Opportunities for Exporting Firms
title_full Rethinking Global Value Chains in Latin America under COVID 19: Challenges and Opportunities for Exporting Firms
title_fullStr Rethinking Global Value Chains in Latin America under COVID 19: Challenges and Opportunities for Exporting Firms
title_full_unstemmed Rethinking Global Value Chains in Latin America under COVID 19: Challenges and Opportunities for Exporting Firms
title_sort Rethinking Global Value Chains in Latin America under COVID 19: Challenges and Opportunities for Exporting Firms
dc.creator.fl_str_mv Sotomayor, Maritza
Cordova, Miguel
dc.contributor.author.spa.fl_str_mv Sotomayor, Maritza
Cordova, Miguel
dc.contributor.spa.fl_str_mv Utah Valley University
Pontificia Universidad Católica del Perú
dc.subject.keyword.eng.fl_str_mv COVID-19
GVCs
Latin America
Regional Integration
Emerging Markets|Emerging Economies
topic COVID-19
GVCs
Latin America
Regional Integration
Emerging Markets|Emerging Economies
COVID-19
CGV
América Latina
integración regional
mercados emergentes
economías emergentes
dc.subject.keyword.spa.fl_str_mv COVID-19
CGV
América Latina
integración regional
mercados emergentes
economías emergentes
description This article examines the debate regarding regional integration and Global Value Chains (GVCs) in Latin America, and the challenges and opportunities that a deepening integration would have for exporting firms. The Latin American region had been progressively taking part in these integrated economic systems when COVID 19 hit. The pandemic has exposed weaknesses in its participation due to several factors, including its dependence on extra-regional hubs. Nevertheless, the disruption has brought back the need to consider the advantages of Latin American GVCs that could enhance the resilience and performance of regional firms. The review shows various benefits in carrying out a regional integration that is GVCs-oriented, similar to Asian and European countries. However, achieving the same level of regional GVC is not without challenges for firms, governments, and institutions. This article examines these alternatives in the context of an economic and health crisis.
publishDate 2022
dc.date.issued.none.fl_str_mv 2022-06-16
dc.date.available.none.fl_str_mv 2023-12-13T16:11:00Z
dc.date.accessioned.none.fl_str_mv 2023-12-13T16:11:00Z
dc.date.none.fl_str_mv 2022-06-16
dc.type.eng.fl_str_mv article
info:eu-repo/semantics/article
publishedVersion
info:eu-repo/semantics/publishedVersion
dc.type.coarversion.fl_str_mv http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.coar.fl_str_mv http://purl.org/coar/resource_type/c_6501
http://purl.org/coar/resource_type/c_2df8fbb1
dc.type.spa.spa.fl_str_mv Artículo
status_str publishedVersion
dc.identifier.issn.none.fl_str_mv 2256-4322
1692-0279
dc.identifier.uri.none.fl_str_mv http://hdl.handle.net/10784/33189
dc.identifier.doi.none.fl_str_mv 10.17230/Ad-minister.40.1
identifier_str_mv 2256-4322
1692-0279
10.17230/Ad-minister.40.1
url http://hdl.handle.net/10784/33189
dc.language.iso.none.fl_str_mv eng
language eng
dc.relation.isversionof.none.fl_str_mv http://publicaciones.eafit.edu.co/index.php/administer/article/view/6979
dc.relation.uri.none.fl_str_mv http://publicaciones.eafit.edu.co/index.php/administer/article/view/6979
dc.rights.eng.fl_str_mv Copyright © 2022 Maritza Sotomayor, Miguel Cordova
dc.rights.coar.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.rights.accessrights.eng.fl_str_mv openAccess
dc.rights.acceso.spa.fl_str_mv Libre acceso
rights_invalid_str_mv Copyright © 2022 Maritza Sotomayor, Miguel Cordova
openAccess
Libre acceso
http://purl.org/coar/access_right/c_abf2
dc.format.none.fl_str_mv application/pdf
dc.publisher.spa.fl_str_mv Universidad EAFIT
dc.source.spa.fl_str_mv AD-minister: No 40 (2022)
institution Universidad EAFIT
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