Compressed Development: Global value chains, multinational enterprises and human resource development in 21st century Asia

The classical Late Development model at the heart of the “new competitive order” in Asia since the 1960s has been challenged by a new Compressed Development approach, which, developing on the global value chain framework, proposes a new interpretation of international production, trade and competition in goods and services. This paper provides a first analysis of the human resource development dimensions of this new analysis using an APEC case-study. The analysis has significant implications, for states and MNEs as they consider appropriate reconfigurations of HRD in the Asian region, and for our understanding of global production in the 21st century.