interconnection

The interconnected economy: Why specialization, collaboration, and global trade are the cornerstones of modern prosperity

No individual company—or even nation—can claim full control over their entire supply chain or value chain. This shift is not accidental; it is the result of decades of economic evolution, driven by the forces of specialization, globalization, and technological advancement. While this transformation has brought immense benefits, it has also introduced new dependencies and risks. However, these dependencies are not inherently negative; they are the foundation of a globally interconnected economy that fosters peace, prosperity, and innovation.