- October 20, 2022
On October 20, 2022, the Aspen Institute Germany and Telefónica Germany host a Digital Dish on the topic of Supply Chain Resilience.
Following unprecedented cyberattacks on SolarWinds and Keseya, the COVID-19 pandemic and Russia’s war in Ukraine have further strained production networks and supply chain resilience. Disrupted value chains demonstrated both short-term economic and long-term social consequences such as the loss of jobs and incomes for workers worldwide. Considering Germany’s profound dependence on stable supply chains and secure foreign trade conditions, these losses are particularly worrisome. The visible vulnerability of global supply chains has sparked a public debate on the current system of global value creation, the relocation of production sites abroad, and just-in-time production. As a consequence, the transatlantic partners seek to foster strategic independence from Asian manufacturers, for example regarding semmiconductors and microchips, by subsidizing their own production. However, experts are already warning urgently of the danger of global subsidy races between the United States and the EU.
This event assesses the prospects of fostering global supply chain resilience in light of new geopolitical tensions with a small group of selected participants.