3D Printing and global trade
3D Printing and global trade – As the advancement evolves, 3D Printing is becoming influential and definite power in manufacturing sector, logistics and in global trade. During pandemic the demand to strengthen supply chains was so high and 3D Printing technology done a very crucial part to resolve great blockages. A new paper submitted by UC San Diego’s school of Global policy and strategy has proving that not only can 3D printing be used locally to solve the supply chain issues, but that it has actually helped to expand trade in the past two years considerably.
3D Printing and global trade
The study, published in the Journal of International Economics, is named Is 3D printing a threat to global trade? The trade effects you didn’t hear about and was co-authored by Caroline Freund, (economist and dean of the School of Global Policy and Strategy), Alan Mulabdic (economist for the Equitable Growth, Finance and Institutions’ Chief Economist’s Office at the World Bank) and Michele Ruta (lead economist at the World Bank). Though overall it sought to study more broadly the impact 3D printing has on trade, it focused specifically on how the production of hearing aids has been impacted by 3D printing, though they also looked at 35 other products including running shoes, aircraft parts and prosthetic limbs as a robustness check for the data.
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