What is “regulation of global value chains” ?

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Global value chain means “the cross-border organization of activities required to produce goods or services and bring them to consumers through inputs and various phases of development, production and delivery. While the emergence of global value chains has created new economic opportunities for developing countries, their lack of regulation has also led to violations of workers’ rights and degrading working conditions.
To respond to the challenges of regulating global value chains, a variety of instruments have been developed. Each of these mechanisms is too weak on its own to ensure sufficient protection of workers’ rights, which would partly explain the paradox created by the proliferation of instruments on the one hand, and the persistent violations of workers’ rights on the other.




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