Building resilient supply chains in uncertain times: a comparative study of EU and ASEAN approaches to supply chain resilience
Angela Pennisi di Floristella () and
Xuechen Chen ()
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Angela Pennisi di Floristella: University of Malta, University of Malta
Xuechen Chen: Northeastern University London
Asia Europe Journal, 2022, vol. 20, issue 4, No 6, 457-475
Abstract:
Abstract Amid rising uncertainty in the global economy and unprecedented economic disruption caused by the COVID-19 pandemic, the concept of supply chain resilience has gained increasing popularity in ASEAN and the EU. However, by comparing their paths to resilient supply chains, this article argues that while both organizations regard resilience as a departure from past doctrines of pure economic efficiency, each has a different understanding of and approach to supply chain resilience. While for ASEAN, supply chain resilience is meant to reconcile inward- and outward-looking dimensions to support ASEAN competitiveness, within the EU, resilience is associated with the search for strategic autonomy with an internal focus. Despite these differences, both groups regard sustainability and digital transformation as crucial components of supply chain resilience, which they see as a way to enhance their economic cooperation and strategic partnership.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:kap:asiaeu:v:20:y:2022:i:4:d:10.1007_s10308-022-00652-8
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DOI: 10.1007/s10308-022-00652-8
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