Download or read book Multinationals, Global Value Chains and Governance written by Peter Hertenstein and published by Routledge. This book was released on 2021-03-31 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book uses examples of supply firms in China and Brazil and their connections to the automotive industry to explore global value chains. It contends that some firms gain such powerful positions that they gain a degree of control over other firms. The book makes a major new contribution to the economic theory of governance.