[PDF][PDF] Risk, resilience, and rebalancing in global value chains
S Lund, W DC, J Manyika - 2020 - dln.jaipuria.ac.in
Manufactured goods take lengthy and complex journeys through global value chains as raw
materials and intermediate inputs are turned into the final products that reach consumers.
But global production networks that took shape to optimize costs and efficiency often contain
hidden vulnerabilities—and external shocks have an uncanny way of finding and exploiting
those weaknesses. In a world where hazards are occurring more frequently and causing
greater damage, companies and policy makers alike are reconsidering how to make global …
materials and intermediate inputs are turned into the final products that reach consumers.
But global production networks that took shape to optimize costs and efficiency often contain
hidden vulnerabilities—and external shocks have an uncanny way of finding and exploiting
those weaknesses. In a world where hazards are occurring more frequently and causing
greater damage, companies and policy makers alike are reconsidering how to make global …
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