Chains
in sentence
979 examples of Chains in a sentence
Although the proportion of imported intermediate goods in German manufacturing exports has risen from around 19% to 30% since 1995, the globalization of value
chains
during this period has improved competitiveness, and dramatically increased manufacturing value.
More important, manufacturing not only influences the structure of value chains; it also generates significant value in the service sector.
According to China’s strategy, by 2025, the country should have a set of internationally competitive multinational firms that have made progress in upgrading their positions in global value
chains.
The advent of computing power enabled “big box” retailers in the US – Walmart, Staples, Home Depot, and others – to supplant both mom-and-pop stores and the established retail
chains
of the 1950s and 1960s.
This implies significant disruptions to value
chains
and uncertainty about jobs, consumption, and the socio-political context.
Improving supply
chains
for the delivery of contraceptives and expanding sex education in schools are also important measures.
By contrast, private-sector actors quickly rebuilt major production facilities across the region, restoring crucial links in global supply
chains.
Historically, China’s hugely successful export-led growth strategy, together with the rapid growth of China-centric global supply chains, was the major reason why I never bought the decoupling story.
Supply
chains
will be eliminated or reshaped – an expectation that the CEO of a major aluminum manufacturer recently described.
On their own, tariff and trade barriers, if viewed as transitory negotiating tactics, will not significantly change global investment patterns or the structure of global supply
chains
and employment.
After all, labor arbitrage has been the core driver of the organization of global supply
chains
for at least three decades – accelerating, of course, with China’s rise – with significant distributional and employment effects.
With the country fully integrated into global supply chains, TFP growth hit 4%, where it remained until 2007.
But, while trade deals could provide opportunities for increased participation in global value chains, their impact would be limited without policies aimed at improving competitiveness and diversifying the production structure.
Indeed, vast production
chains
linking businesses across countries gave the impression of a uniquely Asian superstructure.
As trade links expanded, a sophisticated network of integrated supply
chains
emerged, creating the conditions for Asia to become a manufacturing powerhouse and, increasingly, an exporter of services as well.
Reich replied in more detail: “Strengthen labor unions in industries sheltered from global competition – workers in retail chains, hotel chains, restaurant chains; childcare and elder-care; hospital workers; and so on.
And export competitiveness is raised as investment pours into the construction of links in global supply
chains.
In addition, structural reforms since the mid-1990s have ensured that British exporters are deeply integrated within global supply
chains.
And, compared to software development, these activities also require more infrastructure, logistics, regulation, certifications, supply chains, and a host of other business services – all of which demand coordination with public and private entities.
The laggards are to be found only in the service industry, which is largely insulated from international production
chains
and even from internal European competition.
Both sides can and should gain from forging a new relationship that reflects evolving structural realities: China’s growth and size relative to the US; rapid technological change, which automates processes and displaces jobs; and the evolution of global supply chains, driven by developing countries’ rising incomes.
Multinational companies operated increasingly efficient and complex global supply chains, which could be reconfigured as the shifting pattern of comparative advantage dictated.
Global supply
chains
ran largely from east to west, reflecting the composition and location of demand in the tradable part of the global economy.
Supply
chains
are now running in both directions, and are being combined in novel ways.
This represents a major opportunity for advanced economies to rebalance their growth and employment, provided that they are positioned to compete for the appropriate parts of evolving supply
chains.
High-quality education and more effective skills development are crucial to generating new employment opportunities for the middle class, while investment can rectify America’s disconnection – particularly that of its medium-size businesses – from global supply
chains.
And the ability to turn them into reality is keeping pace, as global supply
chains
and new technologies like 3D printing reduce implementation times.
The key issue is how large an economic area is needed to foster economies of scale and complex integrated supply
chains
while still maintaining intense competition among multiple firms.
Suppliers had to meet high standards, and local entrepreneurs could then draw on quality supply
chains
to compete.
Because it can be sold in very large markets, with scalable production
chains
and still-maturing technologies, the transition to cleaner power is happening faster than many experts predicted it would.
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