Private International Law, Global Value Chains and the externalities of transnational production: towards alignment?
(2021) In Transnational Legal Theory 12(2). p.230-248- Abstract
- Global value chains (‘GVCs’) have become a basic operative unit of economic production. Their development over the twentieth and twenty-first centuries has resulted in immense creation of wealth while linking together individuals, companies and economies across the world. But GVCs are also a major cause for environmental degradation, carbon emissions and human rights abuses—the ‘externalities’ of global production that are not captured by existing regulatory frameworks. This paper examines the role of private international law (‘PIL’) in mapping GVCs into specific jurisdictions. The analysis suggests that PIL, focused on individual entities, does not allow a systematic legal approach to GVCs, which are collective entities. This lack of a... (More)
- Global value chains (‘GVCs’) have become a basic operative unit of economic production. Their development over the twentieth and twenty-first centuries has resulted in immense creation of wealth while linking together individuals, companies and economies across the world. But GVCs are also a major cause for environmental degradation, carbon emissions and human rights abuses—the ‘externalities’ of global production that are not captured by existing regulatory frameworks. This paper examines the role of private international law (‘PIL’) in mapping GVCs into specific jurisdictions. The analysis suggests that PIL, focused on individual entities, does not allow a systematic legal approach to GVCs, which are collective entities. This lack of a systematic approach exacerbates the externalities of global production. However, the budding legal operationalisation of GVCs provides a functional-analytical lens to understand, systematise, critique and develop the role of PIL as a fundamental transnational constituent in ordering global production in relation to GVCs and beyond. (Less)
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/078044bc-af3b-4653-b247-a140fe1df6a2
- author
- Salminen, Jaakko LU and Rajavuori, Mikko
- publishing date
- 2021-08-27
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- Private international law, Internationell privaträtt
- in
- Transnational Legal Theory
- volume
- 12
- issue
- 2
- pages
- 230 - 248
- publisher
- Taylor & Francis
- external identifiers
-
- scopus:85113759273
- ISSN
- 2041-4005
- DOI
- 10.1080/20414005.2021.1970470
- language
- English
- LU publication?
- no
- id
- 078044bc-af3b-4653-b247-a140fe1df6a2
- date added to LUP
- 2022-05-30 22:02:59
- date last changed
- 2022-06-07 09:13:18
@article{078044bc-af3b-4653-b247-a140fe1df6a2,
abstract = {{Global value chains (‘GVCs’) have become a basic operative unit of economic production. Their development over the twentieth and twenty-first centuries has resulted in immense creation of wealth while linking together individuals, companies and economies across the world. But GVCs are also a major cause for environmental degradation, carbon emissions and human rights abuses—the ‘externalities’ of global production that are not captured by existing regulatory frameworks. This paper examines the role of private international law (‘PIL’) in mapping GVCs into specific jurisdictions. The analysis suggests that PIL, focused on individual entities, does not allow a systematic legal approach to GVCs, which are collective entities. This lack of a systematic approach exacerbates the externalities of global production. However, the budding legal operationalisation of GVCs provides a functional-analytical lens to understand, systematise, critique and develop the role of PIL as a fundamental transnational constituent in ordering global production in relation to GVCs and beyond.}},
author = {{Salminen, Jaakko and Rajavuori, Mikko}},
issn = {{2041-4005}},
keywords = {{Private international law; Internationell privaträtt}},
language = {{eng}},
month = {{08}},
number = {{2}},
pages = {{230--248}},
publisher = {{Taylor & Francis}},
series = {{Transnational Legal Theory}},
title = {{Private International Law, Global Value Chains and the externalities of transnational production: towards alignment?}},
url = {{http://dx.doi.org/10.1080/20414005.2021.1970470}},
doi = {{10.1080/20414005.2021.1970470}},
volume = {{12}},
year = {{2021}},
}