The Effects of the Global Financial Crisis on Supply Chain Members in Non-BRIC Emerging Markets
Article first published online: 19 AUG 2013
© 2013 Wiley Periodicals, Inc.
Thunderbird International Business Review
Volume 55, Issue 5, pages 609–618, September/October 2013
How to Cite
Schotter, A. and Thi My, H. D. (2013), The Effects of the Global Financial Crisis on Supply Chain Members in Non-BRIC Emerging Markets. Thunderbird Int'l Bus Rev, 55: 609–618. doi: 10.1002/tie.21573
- Issue published online: 19 AUG 2013
- Article first published online: 19 AUG 2013
The global economic crises that began in 2008 had profound effects on the supply chains of many multinational firms across all industries including altering some fundamental supply chain characteristics. This study discusses the effects of the crises on lower-level supply chain members in the context of the textile and garment industry in emerging markets. The fieldwork for this research and the integration of new United Nations data provide evidence for the vulnerability of those supply chain members that provide only commoditized basic services that do not depend on talent skills or resource availability. Most of these, less sophisticated supply chain members are located in non-BRIC emerging economies, including Vietnam, Bangladesh, Pakistan, Haiti, Honduras, and so on. We present a framework that is transferable across industries. The framework is useful for managers when evaluating the feasibility and reliability of different suppliers from emerging and developing countries in particular. © 2013 Wiley Periodicals, Inc.