ARTICLE: When Cheap Products Kill: Emerging Global Trade Regulations, by Austin Bay, Strategy Page, July 10, 2007
Comparing this age of global supply chains to the colony-fueled globalization of the late 19th century is okay and useful, so long as you remember that age featured no such supply/production chains, hence the connectivity was only weakly conducive to rule set harmonization--often driven by scandal as my recent column observed.
Today, rules and security are incredibly caught up with actual and--more importantly-- investor-perceived competitiveness.
That whip snaps anyone who want to increase their income, especially when social harmony and regime legitimacy so depend upon it.
Thanks to Lexington Green for sending this.
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