Chains
in sentence
979 examples of Chains in a sentence
Globalization is enabling economies that are not yet fully industrialized to reap the benefits of industrialization and become integrated into global markets – a trend that has redefined the global division of labor and transformed value
chains.
Chinese manufacturing assembly is integral to global supply
chains
for many products.
But the sequence of amino acids that make up the protein
chains
in these orthologs can vary significantly.
Established trade negotiation practices make little sense in a world of global value
chains
and sophisticated services.
As demand rises, more and better jobs will be created not only in Asia, but also globally, along supply
chains
and across production networks.
In addition, their often highly diversified structure and their loose network of affiliates and supply
chains
allow Chinese entrepreneurs to reconfigure business strategy and production facilities quickly, thereby bringing new products to market with shorter lead time.
While the prospects for elaborate new trade agreements have suffered, the information revolution has strengthened global supply
chains
and, unlike in the 1930s (or even the 1980s), there has not been a reversion to protectionism.
These include cold
chains
to preserve vaccines during transport from factories to patients; established “immunization days” and negotiated “days of tranquility” in conflict zones, when vaccinations can be administered; trained health-care workers; and systems for surveillance, laboratory analysis, and rapid response.
This has led many in China to believe that unless it creates its own high-tech firms and supply chains, it will have no path to high-income status.
Or, rather than transferring personnel and disrupting supply chains, they may find a way to register profits in a lower-tax jurisdiction – typically by moving some head office functions there.
Countries may also pursue greater economic self-sufficiency, with major implications for global supply
chains
and trade.
At the same time, declining semi-conductor costs have encouraged the proliferation of information and communication technologies that are replacing labor, dis-intermediating supply chains, and reducing routine jobs and lower-value-added jobs on the tradable side in advanced economies.
Moreover, though the US exports less to China than vice versa, it is China that controls key components in global supply
chains
and production networks.
Today, 80% of global trade comprises international supply
chains.
If China threw a handful of sand in the gears of these chains, it could disrupt entire production networks, doing serious damage to the US (and, indeed, all the countries participating in such networks).
Given the insistence of Trump and his acolytes that borders do matter, businesses will think twice as they construct global supply
chains.
Whereas the original concept of IP involved shielding industries from international competition, today’s world requires integrating local productive capacity in global value
chains.
Industrial policies must be based on a country’s factor endowments, and should build on concrete opportunities to integrate industries and firms in global value
chains
– for example, by deepening existing linkages with international production networks and export markets – while avoiding overinvestment in international growth laggards.
As a result, they have become a key driver behind the transformation of the housing market, supply chains, finance, and even monetary policy.
Specifically, they must phase out obsolete supply
chains
saddled with overcapacity, bad debts, and falling employment, while taxing the winners in the e-commerce game.
Furthermore, decreased transportation costs and the breakup of vertical production
chains
in many sectors are facilitating poorer countries’ integration into the global economy.
Moreover, we can and should do more to support small- and medium-size firms that are trying to participate in global value
chains
and in e-commerce.
It is a stirring tale of audacity and enterprise, which included innovations – such as establishing distribution centers in sparsely populated regions and building up global supply
chains
– that business students worldwide now study.
Moreover, smallholder farmers – who are essential to productive, stable, resilient, and equitable agricultural development – should be given the needed tools and support to capture more benefits from value chains, while minimizing risk.
In this way, LGFVs also helped to create the network linking local markets to global value
chains.
In a world of cross-border supply
chains
and increasing interconnectivity, the unnecessary disruption to the iron and steel trade will result in less production not just in exporting countries, but also in the US.
Economically, the US and China are too closely interlinked through global supply
chains
to be able to cut ties.
Supply
chains
now can have as many significant international links as domestic ones, and a substantial share of internal demand is being met by products partly or wholly produced abroad.
China also became integrated into global supply
chains
– producing things for companies elsewhere – on a previously unimaginable scale, and Chinese managers learned how to make better products.
Such market segmentation could disrupt supply
chains
and lead to efficiency-damaging trade diversion.
Back
Next
Related words
Supply
Global
Value
Their
Which
Production
Trade
Countries
Would
Companies
Other
Could
World
Economy
Firms
Manufacturing
Economic
Markets
There
Through