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Joseph Stiglitz on How to Build Shock-Proof Supply Chains

Odd Lots

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Challenges of Supply Chain Resilience

This chapter explores the speakers' reflections on their college education in international relations and how it prepared them for understanding global issues, particularly in the context of supply chains. Through a discussion with an economist, they examine the fragility and interdependence of global supply networks and the lessons learned from pandemic disruptions. The chapter highlights the need for firms to invest in their own resilience to mitigate systemic risks and the broader economic implications of underinvestment in critical capacities.

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