Globalized Supply Chains and U.S. Policy

✍ Scribed by Solomon Mensah

• Publisher: Nova Science Pub Inc
• Year: 2010
• Tongue: English
• Leaves: 100
• Category: Library

✦ Synopsis

In the globalised world of business, production is becoming fragmented into discrete activities and can be spread geographically within and across national borders while remaining integrated organisationally within a multinational company or network of companies. Such globalised production networks are called supply chains or value-added networks. This world of supply chains raises both challenges and opportunities for U.S. policymakers, firms, and workers. The globalisation of production networks has raised policy issues and has called into question certain long-held perceptions about the efficacy and effects of policy initiatives. Traditional trade and investment policy is based on national governments, national economies, and country-to-country relations, but much of trade today is between related companies spread across the globe. In international trade, traditional policies aimed at reducing border barriers still tend to increase economic efficiency, but global supply chains may affect the incidence or impact of the policies. This book describes the relationship between globalised supply chains and U.S. policies. This book consists of public documents which have been located, gathered, combined, reformatted, and enhanced with a subject index, selectively edited and bound to provide easy access.

✦ Table of Contents

GLOBALIZED SUPPLY CHAINS AND U.S. POLICY......Page 3
GLOBALIZED SUPPLY CHAINS AND U.S. POLICY......Page 7
CONTENTS......Page 9
PREFACE......Page 11
SUMMARY......Page 19
INTRODUCTION......Page 20
TRENDS DRIVING GLOBAL ECONOMIC INTEGRATION......Page 22
Government Policy......Page 23
Job Losses and Fears......Page 24
Rising Income Inequality......Page 26
POLICY APPROACHES......Page 27
Adjustment Assistance......Page 28
Education......Page 29
Tax Policy......Page 30
Trade Policy......Page 31
Domestic Standards......Page 32
Free Markets and Limited Government......Page 33
SUMMARY......Page 37
A NEW PARADIGM......Page 42
GLOBAL SUPPLY CHAINS: MANUFACTURING IN THE 21ST CENTURY......Page 46
Typical Supply Chains......Page 47
Business Decisions and the Public Interest......Page 48
THE PUBLIC POLICY DIMENSION OF GLOBAL SUPPLY CHAINS......Page 52
Major Policies Affecting Global Supply Chains......Page 55
Policy Review Mechanisms......Page 79
CONCLUSION......Page 81
ACKNOWLEDGMENTS......Page 82
CHAPTER SOURCES......Page 89
INDEX......Page 91