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Provides a roadmap for mature industrialized countries to contribute to and benefit from global trade on new terms. Global trade is heading toward chaos. Globalization has in part been a zero-sum game over the last 20 years, as China's middle and upper classes have grown sharply while Western economies have stagnated. Wealthy countries, most notably the United States and the United Kingdom, are now on the brink of abandoning free trade as it includes both the principles and the theories behind it because their economies cannot compete with those of China and some developing countries. Prevailing protectionist attitudes and policies are based on short-term thinking and will disappoint future generations. According to author David S. Jacoby, a "new multilateralism" can provide a way out of this impending disaster by preserving innovation and growth while also curbing the impact of countries that manipulate currency, disparage the environment, and violate human rights. Jacoby clearly explains how industrialized nations can compete on a basis of differentiated technology and innovation while letting developing countries compete on a basis of manufacturing, components, and materials and makes a strong case for why the West should recommit to global trade. Explains the reasons behind current populist trends around the world Identifies the challenges and failures of globalization Profiles countries that have developed under different trade frameworks Assesses models of isolationism and protectionism Delivers a policy prescription for a new global trade order
As the push for diversification of energy sources continues, this book provides a toolbox of techniques to enhance top-line as well as bottom-line results by successfully managing capital projects and operations & maintenance trade-offs across the value chain. Built on the foundations laid in Jacoby's previous books Optimal Supply Chain Management in Oil, Gas, and Power Generation and Guide to Supply Chain Management, it offers ground-breaking new ways to tap the power of supply chain management in conventional and emerging energy industries - from the small to the large project, and from solar to nuclear and everything in between. The organization of the book makes it a handy reference resource. It starts with a conceptual framework for value chain and supply chain management in the energy sector, laying out objectives, key business processes, and performance metrics that provide useful guideposts. It offers principles that should guide investments in the energy industry and explains how to organize the supply chain to maximize their results. Chapters on capital project and operations management explain tools and techniques that are relevant to energy value chains broadly speaking. Technology-specific chapters show how these concepts apply to ten energy domains: Hydrogen & Fuel Cells, Energy Storage, Wind, Solar, Biomass, Oil & Gas, Geothermal, Gas and Coal-Fired Power, Hydropower, Nuclear
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