A conceptual framework for supply chain resilience policy

Sam Mulopulos ()

Chapter 1 in Achieving Supply Chain Resilience, 2025, pp 12-40 from Edward Elgar Publishing

Abstract: This chapter proposes a conceptual framework for understanding supply chain resilience policy. It argues that supply chain shocks exploit vulnerabilities. Governments can build resilience by mitigating these vulnerabilities. In mitigating vulnerabilities, governments must balance the trade-offs between economic efficiency and resilience in ways that maximize societal well-being. To maximize well-being and minimize market distortions, governments should prioritize the mitigation of the most critical vulnerabilities, those which are most significant in terms of the risks to national security, public health, and the day-to-day functioning of the economy.

Keywords: Resilience; Efficiency; Vulnerability; Redundancy; Agility; Sovereignty (search for similar items in EconPapers)
Date: 2025
ISBN: 9781035349500
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