Chains
in sentence
979 examples of Chains in a sentence
For example, while the United States may have been at a disadvantage in a world where low labor costs were paramount in global manufacturing value chains, digital globalization plays directly to its strengths in technology and innovation.
Specifically, the proliferation of global value
chains
has enabled powerful multinational firms to control the design, production, and distribution of traded goods and services, even as various segments are outsourced to smaller firms far from final markets.
The upshot of this system is that many developing countries that should have benefited from the globalization of value
chains
have remained confined to low-productivity activities that yield only limited economic value and do not even foster wider technological upgrading.
UNCTAD’s research also shows that, for both developed and developing countries, integration into global value
chains
correlates with declining shares of domestic value-added in exports.
Having deduced the presence of polypeptide chains, Astbury continued to pursue his pioneering studies of their configurations in fibrous proteins.
One of NAFTA’s major benefits was that it allowed for integrated supply
chains
across North America.
The USMCA will not destroy NAFTA’s efficient supply chains, but it will raise their costs, thus undercutting that advantage.
It calls for enhancing agricultural productivity; upgrading value chains; exploiting local, regional, and international demand; strengthening technological effort and innovation capabilities; promoting effective and innovative financing; stimulating private participation; and improving infrastructure and energy access.
And the expansion of global supply
chains
seems to have reached the frontier of efficiency.
The world’s major powers are far more interdependent financially and in terms of supply
chains
than they were in 1914 – the year of misguided optimism that pessimists love to cite – and the cumulative horrors of the twentieth century have fundamentally changed the normative environment.
The deadly trade in conflict resources is facilitated by supply
chains
that feed major consumer markets, such as the European Union and the United States, with cash flowing back the other way.
The Securities and Exchange Commission requires companies that use tantalum, tin, gold or tungsten in their products to investigate these raw materials’ origin, and to mitigate risks in their supply
chains
in line with the OECD Guidance if they are found to originate in certain conflict-affected or high-risk areas.
Elsewhere, rail links between China and Vietnam, road developments connecting India and Bangladesh, and new ports, harbors, and pipelines in Myanmar and Pakistan are forging a new form of economic unity alongside the region’s manufacturing supply
chains.
Yet another problem with the BAT is that it would create massive disruptions in the global supply
chains
that the US corporate sector has built over the last few decades.
Some 80% of trade happens along supply
chains
within or organized by transnational firms, according to a 2013 UN report.
An unstable South China Sea would impede the cost-effective transport of goods and materials that are vital to global supply chains, while disruptions to the flow of oil and natural gas from the Persian Gulf to Asian markets would prove particularly damaging.
The global risk to US inflation reflects not only a cyclical upturn in the world economy, but also mounting trade frictions that pose serious threats to the stability of global value, or supply,
chains
(GVCs).
Another major difference today is that many firms are a part of global value chains, whereby goods are assembled in countries like Mexico or China from imported components, the most sophisticated of which often come from the US.
National efforts are also strengthening pharmaceutical supply chains, improving medical training, and increasing the quality of diagnostic networks.
These included advances in technology (especially in transportation and communications), management innovation in multinational companies, and integration of these companies’ supply
chains.
Textiles and apparel came first, followed by luggage, dishes, toys, etc.Supply
chains
also dispersed geographically, with lower value-added components and processes allocated to low-income countries.
Over time, labor-intensive components of value-added
chains
will move away from China’s higher-income areas.
As emerging-market economies shift to higher value-added components in global supply chains, their physical, human, and institutional capital deepen.
Growth in exports could come with further expansion in parts of the value-added
chains
where the US is already competitive (finance, insurance, and computer systems design, for example).
Now, Asians and Asian-Americans could follow on this path, as major fast-food
chains
like McDonald’s target them disproportionately.
Even as fast-food
chains
have become a lightning rod for criticism on the topic of obesity, they continue to attract consumers within America’s tight-knit minority communities, particularly among their young people, who are less likely to reach their full potential if they are burdened by health problems associated with obesity.
Here, Africa must draw on the opportunities presented by participation in global and regional value
chains.
Of course, to develop such strategies and participate effectively in industrial value chains, Africans need knowledge.
German firms reacted by outsourcing the labor-intensive parts of their production
chains
and curtailing their investment in Germany.
On the tradable side, one should look for structural change and a shift in output to higher-value-added components of global supply
chains.
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