The PoliEcon Insight

  Global supply chains are complex networks that facilitate the production and distribution of goods and services across different countries and regions. They are essential for modern economies, enabling companies to source materials, manufacture products, and deliver them to consumers efficiently. However, the interconnected nature of these supply chains also exposes them to various vulnerabilities. This detailed analysis explores the structure of global supply chains, their vulnerabilities, and the implications for businesses and economies. Structure of Global Supply Chains Global supply chains typically involve several stages: 1. Sourcing: Companies source raw materials and components from various suppliers, often located in different countries. This process allows firms to take advantage of cost efficiencies and specialized production capabilities. 2. Manufacturing: Raw materials and components are transformed into finished products through manufacturing processes. Companies ma...