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Thursday, October 24, 2013

On Global Value Chains

In Knowledge @ Wharton:  A turning point in the maturation of global value chains.  A good overview.  I note that Morris Cohen is quoted, who we did work with in our own redesign of a global supply chain: " .... “There is an enormous amount of change going on. The global supply chain is in flux,” notes ... Businesses and governments are rethinking global supply chains now that foreign direct investment is higher than ever in developing economies.  ... Wharton operations and information management professor Morris A. Cohen. International supply networks have been in place for decades now, but the pace of global trade expansion has skyrocketed past the rate of the world’s GDP growth. “The recession of 2008-2009 has further increased trade with developing economies,” adds Anthony Mistri, economics expert at the World Trade Organization (WTO). “Nations may have borders, but businesses no longer do.” ... " 

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