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Longer And More Complex Supply Chains Benefit Economies

The Horizons Tracker

In 2021 there have been visible concerns about the supply chain issues that have resulted in long queues of container ships outside major ports. It has prompted worries that supply chains are too complex and too prone to disruption. “Industries with greater supply chains do better. .

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When You’re Tied Up In Supply Chains, You Need A Strategy

Strategy Driven

According to estimates by supply chain management organizations, the global supply chain market is worth more than $10 trillion a year. In short, it’s an enormous business, consuming some 6 percent of total world GDP, more than military spending and education combined. Get Better At Returns. Automate Everything.

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China’s Economy, in Six Charts

Harvard Business Review

Its gross domestic product has surged from less than $150 billion in 1978 to $8,227 billion in 2012 (see “China’s GDP” chart below). Foreign investors have flocked to the country’s shores as many of the world’s largest manufacturers have established operations there. percentage points of GDP growth in 1979-1989, 0.5

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The First Step to Fixing U.S. Manufacturing

Harvard Business Review

A few outlier industries (notably pharmaceuticals, medical devices, and computers) prop up the sector’s aggregate performance; most others have experienced flat growth or outright declines in real GDP over the past two decades. carmakers than for their Asian counterparts, and may accumulate with each tier of the supply chain.

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Globalization Is Becoming More About Data and Less About Stuff

Harvard Business Review

What links the world together has changed fundamentally — and for many companies, succeeding in this new operating environment will require rethinking many past decisions and assumptions. Today growth in global trade has flattened, and it looks unlikely to regain its previous peak relative to world GDP anytime soon.

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The Future of Retail Depends on Today's Policy Decisions

Harvard Business Review

Increases in retail translate into the creation of new jobs all along the huge supply chain that brings products to store shelves. trillion to the GDP, or about one-fifth of the nation's total gross domestic product. Public policy must protect consumer privacy without hindering technological innovation.

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How GE and IBM are Playing Global Development to Win

Harvard Business Review

Four years ago, GE initiated a strategy to compete more effectively in Africa, one of the fastest growing regions in the world in terms of GDP. CEO Ginni Rometty took the top job in 2012, and identified Africa as a locus of technological growth early in her tenure. General Electric is a good example. It’s neither.