Topic: 2024-Supply Chain Stability
Country: Sweden
Delegate Name: Martinson Arnan
Topic: 2024-Supply Chain Stability
Country: Sweden
Name: Martinson Arnan
Sweden, despite having a very low population (18.5 million people roughly) is a developed nation and doesn’t need to rely on the Supply Chain as much. Even though they don’t need as much help, however, they still need some help in manufacturing, technology, Consumer goods, and innovation. The efficiency and resilience of supply chains despite major events like tornados, consumers and COVID-19 have gained increased attention, Sweden, being part of the global economy, benefits from well-functioning supply chains.
Sweden, a developed nation doesn’t need the supply chain as much as countries like Algeria, Ghana, Rwanda, etc… Maybe a reason why the supply chain isn’t as needed is because they are in NATO in the E.U. Even though NATO isn’t an economic alliance, it helps countries like Sweden to save money because NATO follows the “One for all and All for one” policy. For example, If a country were to invade Sweden, (say, Russia for instance) all of the countries in NATO, would jump in to save Sweden and tell Russia to back off. This means countries like Sweden don’t have to worry about invasions or rebellions, because countries like France, Germany, Canada, The U.K., and the U.S. can all help each other out. That’s why Sweden doesn’t need to spend as much money on their military because of NATO. However, they’re also in the E.U., which is a pure economic alliance that allows European countries to grow their economies harmoniously. This is probably the reason why Sweden is a 1st world country and why they don’t need to rely on the Supply Chain for their country to survive, unlike other 2nd and 3rd world countries.
The Kingdom of Sweden, doesn’t need the supply chain as much as other countries, but the global supply chain is still relevant for Sweden’s economy: they depend on foreign imports for goods such as Oil, Machinery, Vehicles, Plastic, and Iron and they also export goods such as Computers, Vehicles, Fuels and Equipment.
Bibliography:
https://glica.org/glimun/committees/supply-chain-stability/
https://op.europa.eu/webpub/com/eu-what-it-is/en/#:~:text=The%20European%20Union%20(EU)%20is,union%20between%2027%20European%20countries.
https://www.linkedin.com/pulse/decoding-first-second-third-world-countries-thepolicytank-2fgpf#:~:text=The%20countries%20that%20are%20considered,East%20Asia%20(Japan%2C%20South%20Korea
