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The global context

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Question 3

Stimulus Material

The expansion of global supply chains and digital offshoring has integrated emerging and transition economies more deeply into the UK economy. For example, Indian technology and business services firms have captured a substantial share of the UK's IT support and back-office service contracts. Conversely, Polish and Central European manufacturing and logistics firms have established major distribution hubs and green assembly facilities in the UK, investing £14 billion and employing over 60,000 workers in the logistics and renewable energy sectors by 2024.

Question

Evaluate the extent to which the integration of emerging and transition economies into global supply chains benefits the UK economy.

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The global context Questions

  1. A Level
  2. /Economics
  3. /The global context