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The Integrated State of Global Production Chain

In: The Industrial Processes of Large Economies

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  • Xiaojiang Zhang

Abstract

The process to globally distribute the industrial production chain started long before the current time. Its roots could be traced back to the Marshall Plan and the Korean War Purchase that united large developed countries into a single market place. But it was the arrival of the Internet, combined with the fall of transportation cost, the reduction of trade barriers and tariffs that accelerated this process to such an extent that international industrial landscape finally took its current shape.

Suggested Citation

  • Xiaojiang Zhang, 2022. "The Integrated State of Global Production Chain," Springer Books, in: The Industrial Processes of Large Economies, chapter 0, pages 1-15, Springer.
    • Handle: RePEc:spr:sprchp:978-981-16-8634-4_1
    DOI: 10.1007/978-981-16-8634-4_1
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