Value Chain is one of the 5 most most critical building blocks of economics
Health and Wealth Warnings
Unfortunately ever since (1930s) Keynes demonstrated why the world would increasingly be ruled by economics - every critical construct has become a bun fight with vested interests paying for their own interpretaion to be propagated. Imagine trying to understand trignometry where different self-interests were sponsoring educators to teach different ideas of what a circle is.
It may be safest to go back to how Keynes mentored people to deal with this problem. For example, it was obvious to him that economics (the faster markets went global) would either design or destroy the futures peoples want most. For peoples energies to be productively valued over lifetimes and across generations of knowledge-transfering, the :designing" and "Exponentials Impact Valuation" of economics would need to be mediated in bi-partisan ways- ie economists should not hire themselves out to rival political parties nor vested interests so as to be wholly responsible for sustaining peoples and places growth
Value chain is an incredibly simple idea but one whose hi-trust maps needs extraordinary collaboration to update diversity of local detail (as all maps need to do if they are to be uptodate in connecting -the world may be global but people travel through it locally at least when they are impacting the people communities they live in)
Purposeful gravity of a value chain depends first on you scoping your choice of a vital market - healthcare, banking, nutritious foods , eduaction, the use of machines and types of energy , ,,, - which you may do locally or globally - or you may zoom out (nutritious foods depend on world agriculture policies and natures capital) or zoom in to what does do families in your community have affordable access to supported by true information stimuli.
Once you have gravitated your scope start listing/mapping ever different type of producer as well as every different human demand (customer, owner, worker, future guardian societal resources including natural ones) that is being interconnected. Get comfy with this never being a perfect process- a map can always zoom in to more local viewpoints as well as zoom out to try and gain some overall understanding of what changes are spinning.
The Innovators Joy of Being Vaguely Right not Perfectly Wrong
In the curious human state needed for entrepreneurial self-confidence, probably the most important thing to know is that anyone who says they can offer a perfect overall understanding of a value chain can only be perfectly wrong. It was the mathematician einstein that proved that any system/science view of the world always has a more innovative/valuable view to be searched by modelling more micro levels of interactions. When you listen to expert economists on the nightly news - do they behave as if they value vaguely right? Unless you trust that they do, it is now urgent to assume with investments you influence that such sound-biting and analyticaly-transitory gurus are not designing the future value chains peoples most want. This also seems to be why investment banks for the poorest have over the years since The Economist started the quest for entrepreneurial revolution in 1976 attracted the most exciting designers of futures families life critically need most.
When considering the future , we recommend valuing this idea first: the net generation can be defined as the first to action a million times more collaboration technology than any previous generation. Entrepreneurial Revolutionaries who started networking around The Economist in 1976 have argued since my father's 1984 book on the net generation that the purpose peoples should most value from the worldwide web is a 10 times more produtive worldwide youth than ever before.
As 36 yerars of Entrepreneurial Revoution dialogues -including birthday wish parties of the worldwide's most famous entrepreneurs : the older generations can now be investing in the most exciting millennium goals that worldwide youth can be co-producing. If you are interested in mapping how to free such value multiplying chains we suggest you explore the futures berners lee most wanted to help the net generation linkin and value networking with those openly trusted by berners lee to be closest to his life mission. For example finds some links with MIT where Berners Lee works and which has already been audited to be the number 1 job creating alumni network the world has ever celebrated.
Another core question is : whose peer to peer circles are openly sharing the constructs of value chain that keynes or adam smith or whomever you trust the responsibility of ruling the world to most
Unfortunately Harvard's Porter issued a very top-down framework of value chain as part of his strategic books of the old industrial age in the 1980s - 30 years later some of the people (eg 1) who have left his monitor organiation now help produce the most exciting bottom up maps of value chains, but only where they have adopted some developing world community as one they love the future of.
It has taken USAID the whole of the new millennium to date to completely reassess bottom-up value chain perspectives. The DC's Newseum was hired to spead this total change of perspective through 500 opinion leaders in early 2012. There is hope that the first program the american people will innovatively help the world -including even the G8 and worldwide youth - understand bottom up valuation is www.feedthefuture.gov The scope mapped tries to share views with nations around the world so as to improve food security so that no child dies of famine or has her growh stulted by lack of nutrients. There is a wiki of what bottom-up usaidis inviting worldwide correspondents to map round value chains here and some commentary on how usable these information networks are to anyone visiting or linking in DC . This is work can be joyfully accelerated by anyone who can help interact as a bottom up -local - observer of a life critical value chain
According to my father's life work including hsi 40 years editing what Economist readers found most innovative to debate as entrepreneurial revolutuiinbarues, japan and the grassroots networking investment banks for the poorest innovated out of bangladesh offer many if the most grounded views of value chains that worldwide youth can enjoy action networking now
The production of most goods is increasingly organized along global value chains, in which different stages of the production process are fragmented across countries. CEPR has established the Research Network on Global Value Chains, Trade and Development, with the goal of stimulating research on the important and timely questions raised be the emergence of global value chains. This research network, led by Paola Conconi (ULB and CEPR) will gather together economists working on international production from theoretical, empirical and policy angles.
CEPR is collaborating closely on this initiative with the World Bank, which has also identified as a key priority to help developing countries to connect to, and develop through global value chains. CEPR and the World Bank have join forces to foster debate and collaborations in this area among researchers in both academic and policy institutions. The World Bank's GVC page can be foundhere.
Europe is an optimal ground for this network, given that many scholars working in this area are based in Europe and that some of the most important datasets on GVCs are developed and maintained here.
The core supporters of the network are the World Bank, CEPR, the Graduate Institute’s Centre for Trade and Economic Integration (CTEI) and other government agencies. The network meets twice a year for research and policy outreach seminars and liaises with the Trade Policy Research Network when suitable.
BRI.school ENTREPRENEURIAL REVOLUTION NETWORK BENCHMARKS 2025now : Remembering Norman Macrae
how do humans design futures?-in the 2020s decade of the sdgs – this question has never had moore urgency. to be or not t be/ – ref to lessons of deming or keynes, or glasgow university alumni smith and 200 years of hi-trust economics mapmaking later fazle aded - we now know how-a man made system is defined by one goal uniting generations- a system multiplies connected peoples work and demands either accelerating progress to its goal or collapsing - sir fazle abed died dec 2020 - so who are his modt active scholars networks empowering youth with his knohow n- soros with jim kim paul farmer leon botstein and with particular contexts- girls village development and with ba-ki moon global climate adaptability where cop26 november will be a great chance to renuite with 260 years of adam smith and james watts purposes there is no point in connecting with system mentors unless you want to end poverty-specifically we interpret sdg 1 as meaning mext girl or boy born has fair chance at free happy an productive life as we seek to make any community a child is born into a thriving space to grow up between discover of new worlds in 1500 and 1945 systems got worse and worse on the goal eg processes like slavery emerged- and ultimately the world was designed around a handful of big empires and often only the most powerful men in those empires. 4 amazing human-tech systems were invented to start massive use by 1960 borlaug agriculture and related solutions every poorest village (2/3people still had no access to electricity) could action learn person to person- deming engineering whose goal was zero defects by helping workers humanize machines- this could even allowed thousands of small suppliers to be best at one part in machines assembled from all those parts) – although americans invented these solution asia most needed them and joyfully became world class at them- up to 2 billion people were helped to end poverty through sharing this knowhow- unlike consuming up things actionable knowhow multiplies value in use when it links through every community that needs it the other two technologies space and media and satellite telecoms, and digital analytic power looked promising- by 1965 alumni of moore promised to multiply 100 fold efficiency of these core tech each decade to 2030- that would be a trillion tmes moore than was needed to land on the moon in 1960s. you might think this tech could improve race to end poverty- and initially it did but by 1990 it was designed around the long term goal of making 10 men richer than 40% poorest- these men also got involved in complex vested interests so that the vast majority of politicians in brussels and dc backed the big get bigger - often they used fake media to hide what they were doing to climate and other stuff that a world trebling in population size d\from 1945 to 2030 also needed to map. so the good and bad news is we the people need to reapply all techs where they are only serving rich men and politicians od every party who have taken us to the brink of ending our species- these are the most exciting times to be alive - we the 3 generations children parents grandparents have until 2030 to design new system orbits gravitated around goal 1 and navigating the un's other 17 goals do you want to help/ 8 cities we spend most time helping students exchange sustainability solutions 2018-2019 BR0 Beijing Hangzhou: BR6 Geneva, Luxembourg, BR2 Dhaka, Delhi, BR1 Tokyo, Seoul
Map with Belt Road Imagineers :where do you want to partner in sustaining world
Dad (Norman Macrae) created the genre Entrepreneurial Revolution to debate how to make the net generation the most productive and collaborative . We had first participated in computer assisted learning experiments in 1972. Welcome to more than 40 years of linking pro-youth economics networks- debating can the internet be the smartest media our species has ever collaborated around?
Foundation Norman Macrae- The Economist's Pro-Youth Economist
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2013 = 170th Year of The Economist being Founded to End Hunger
2010s = Worldwide Youth's most productive and collaborative decade
1972: Norman Macrae starts up Entrepreneurial Revolution debates in The Economist. Will we the peoples be in time to change 20th C largest system designs and make 2010s worldwide youth's most productive time? or will we go global in a way that ends sustainability of ever more villages/communities? Drayton was inspired by this genre to coin social entrepreneur in 1978 ,,continue the futures debate here
world favorite moocs-40th annual top 10 league table