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Building an alliance to map global supply networks

Abstract:
The global economy consists of more than 300 million firms, connected through an estimated 13 billion supply links [see supplementary materials (SM)], that produce most goods and services. It has long been unthinkable to analyze the world economy at the firm level, even less so its intricate network of supply chain linkages. This blind spot has left us ill-prepared to make fast and well-informed decisions, begetting, for example, prolonged shortages in raw materials and critical medical supplies during the COVID-19 pandemic. Now, the availability of new data and recent methodological advances allow us to reconstruct a large share of the global firm-level supply network. Because mapping this network is likely to continue to improve, it is essential to initiate a discussion about responsible management and effective use of these data for the global public good. This requires new collaborative efforts between nations, their public institutions, international organizations, the private sector, and scientists.
Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1126/science.adi7521

Authors

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Institution:
University of Oxford
Division:
MPLS
Department:
Mathematical Institute
Role:
Author
ORCID:
0000-0002-8333-561X


Publisher:
American Association for the Advancement of Science
Journal:
Science More from this journal
Volume:
382
Issue:
6668
Pages:
270-272
Place of publication:
United States
Publication date:
2023-10-20
DOI:
EISSN:
1095-9203
ISSN:
0036-8075
Pmid:
37856603


Language:
English
Keywords:
Pubs id:
1548069
Local pid:
pubs:1548069
Deposit date:
2023-10-23
ARK identifier:

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