The necessity for developing countries to develop an entire supply chains in the trends of globalisation
Bibliographic Data
| ID | 22253261 |
|---|---|
| Authors | Haiyang Zhao (0000-0002-5786-7380, University of Warwick, corresponding author) |
| Year | 2023 |
| Volume | 5 |
| Issue | 13 |
| Publication date | 2023-01-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | International Journal of Frontiers in Sociology (JOURNAL) |
| Journal identifiers | ISSN: 2706-6827 |
| Publisher | Francis Academic Press Ltd (PUBLISHER) |
| DOI | 10.25236/ijfs.2023.051319 |
| OpenAlex | W4390688154 |
| Language | EN |
| References cited | 3 |
Globalisation, as a term, was first coined in the 1980s. Following the development of global transportation method and the communication technology, globalisation has made twice leaps forward in human history. The most important advantage of globalisation is reducing the cost of product and knowledge, which helped countries to involve in the construction process of global value chain. Based on this background, this study aims to identify the necessity for a country to be a part of the global value chain or to develop independent entire supply chain. To achieve the objective, examples, such as China, Russia, South Korea and Thailand, will be provided. The unique value of this research lies in the detailed illustration of the importance of building an entire supply chain for a country
Business · China · Developing country · Economic growth · Economics · Global value chain · Globalization · Industrial organization · International trade · LEAPS · Market economy · Political science · Supply chain · Supply chain management · Value chain · Computer Science · Global trade and economics · Marketing
| Citation velocity | historical |
|---|---|
| Highly cited | No |