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Global Supply Chain Disruptions

Global Supply Chain Disruptions and Economic Consequences

Introduction In today’s interconnected world, supply chains form the backbone of the global economy. A supply chain is the complex network of production, transportation, distribution, and consumption processes that ensure goods and services reach consumers across different countries. From raw material extraction to manufacturing, packaging, shipping, and retail, supply chains integrate multiple sectors and economies….

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Trade Wars

Trade Wars: Causes, Mechanisms, and Global Impacts on World Trade

Introduction Trade wars have emerged as a significant aspect of global economic policy in the 21st century. Unlike conventional warfare, trade wars are economic conflicts between nations, primarily manifested through tariffs, quotas, subsidies, and trade restrictions. These conflicts aim to protect domestic industries, influence foreign policy, or gain strategic advantages in global markets. While some…

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pcs magazine

Understanding the PLI Scheme for Semiconductor Manufacturing in India: A Comprehensive Overview

The Production Linked Incentive (PLI) Scheme for semiconductor manufacturing is an initiative introduced by the Government of India to promote domestic semiconductor production. The semiconductor industry plays a vital role in the modern digital economy, powering everything from smartphones to advanced computing systems. With India’s growing demand for semiconductors and the global chip shortage of…

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