Global supply chains are a key part of globalisation. They encompass complex processes, from the production of a product or service through to its arrival at the end-consumer. Ever more companies are becoming involved in international production networks and supply chains, in order to efficiently manufacture their products and increase their competitiveness in the global marketplace.
Global production and international trade allow companies to purchase the right resources and preliminary services at cheaper prices on bigger markets, and to reach more customers with their products. At the same time, they provide consumers with easier access to cheaper or better products. However, this creates not only winners but also losers and unintended side-effects.
The aim of the Leibniz ScienceCampus “Kiel Centre for Globalization” (KCG) is to examine both the positive and negative impact of globalisation, with a particular focus on growing global supply chains. The KCG also seeks to generate academically grounded action recommendations for political and public stakeholders, and to make these recommendations available to policy-makers and the public at large.