DO TENSIONS IN THE SOUTH CHINA SEA HERALD THE COLLAPSE OF GLOBAL SUPPLY CHAINS?
Gilles Paché
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Gilles Paché: CERGAM - Centre d'Études et de Recherche en Gestion d'Aix-Marseille - AMU - Aix Marseille Université - UTLN - Université de Toulon
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Abstract:
It is now widely recognized that geopolitical tensions disrupt global supply chains, complicating trade flows and increasing the risk associated with logistics operations. The South China Sea, a strategic and disputed region of the world, is a perfect illustration of the stakes involved in these disruptions. Situated between several Asian countries, the region is crucial to world trade, but is subject to territorial conflicts, notably between China and Taiwan. Its increasing militarization and abundance of natural resources exacerbate geopolitical tensions, given that the South China Sea is vital for the transportation of goods, linking Asian, European and American markets. My speculative paper looks at the possible collapse of certain global value chains under the pressure of geopolitical tensions, leading to the emergence of a logistically multipolar planet.
Keywords: Economic history; Geopolitics; Global supply chains; Logistical disruptions; South China Sea; Territorial disputes; Economic history Geopolitics Global supply chains Logistical disruptions South China Sea Territorial disputes (search for similar items in EconPapers)
Date: 2024-09
New Economics Papers: this item is included in nep-int, nep-opm and nep-sea
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Published in International Journal of Managing Value and Supply Chains, 2024, 15 (3), pp.1-12. ⟨10.5121/ijmvsc.2024.15301⟩
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04683314
DOI: 10.5121/ijmvsc.2024.15301
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