McKinsey – Globalization in Transition

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“All global value chains are becoming more knowledge-intensive”.

In line with broader trends in the global economy, value creation is shifting from the manufacturing of goods to R&D and design, upstream, and distribution and marketing, downstream. This effect, tied in with the speed to market of locally produced products, is accelerating the shift of value chains to being more globally aligned and regionally focused.

 

Read the full analysis here…

 

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