VoxDev Development Economics

S7 Ep41: How global supply chains are built

August 14, 2026·1h 3m
Episode Description from the Publisher

This is an episode from VoxDev's new podcast series, Ideas in Development. This series has a separate podcast feed, where you can find every episode of Oliver Hanney’s conversations with leading development thinkers.YouTube: https://www.youtube.com/watch?v=jgwcv4fyU28 Apple Podcasts: https://podcasts.apple.com/us/podcast/how-global-supply-chains-are-built-and-how-to/id1866874059?i=1000774798943 Spotify: https://open.spotify.com/episode/5EECcLVxxEQtkX3gJZcHGH?si=94e15ed7834a4e86 Audioboom: https://audioboom.com/posts/8922412-how-global-supply-chains-are-built-and-how-to-actually-attract-investment Substack: https://ideasindevelopment.substack.com/p/how-global-supply-chains-are-built Bill McRaith spent his career building supply chains – from 1980s Britain, to a factory in Panyu, China in 1990, to Ethiopia three decades later. He joins Oliver Hanney to explain what really attracts manufacturing investment to a developing economy, and why the model most countries are targeting no longer exists.In this wide-ranging conversation we cover why China’s industry grew; why responsive local governments beat tax holidays; the collapse of the wage gap; how Ethiopia was chosen as a beachhead; and why apparel remains the right first-mover industry for countries not yet on the industrialisation road.

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