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Going Local: Changing Global Value Chains and the Impact on Revenue and Jobs

Manufacturing producers are shifting away from foreign suppliers of inputs toward more local ones, choosing to “go local.” Data confirms the trend is a clear departure from the heydays of outsourcing: the share of local value added is now increasing in mature economies. The decision to go local is broad-based across industries and countries. Companies that shift towards local suppliers are better positioned to achieve mass customization and respond to changing customer tastes. The shift is also a response to societal concerns over sustainability.

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Executive Summary Going Local: Changing Global Value Chains and the Impact on Revenue and Jobs
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Research Report (18 pgs) Going Local: Changing Global Value Chains and the Impact on Revenue and Jobs
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