THE GEOECONOMIC CHALLENGE OF BRICS TO WESTERN SUPPLY CHAIN DOMINATION: BEYOND THE BRETTON WOODS PARADIGM by Kanak Meena
Author: Kanak Meena, 4th Year Law Student at NMIMS. INTRODUCTION: FROM GEOPOLITICS TO EFFICIENCY For decades, the structure of the global supply chain has been founded on one legal and economic principle: economic efficiency through globalization.In a neutral, uninterrupted global market, transnational corporations distribute manufacturing across the globe to exploit comparative advantage. But this illusion has been shattered by the weaponization of international trade through export bans, discriminatory taxes and…