Ordinary Risk Management (future replicates past)
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Δ Job Creation - e.g., tax breaks to attract large GSC, Δ Tax Base/Income, Securing the availability of basic products (e.g., food) and services
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Profit Maximization via: Economies of Scale, Access to human resources, Tax breaks, Enhanced global logistics |
Risk Management* and black swan consequences
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Δ Job Creation - e.g., tax breaks to attract large GSC,
Δ Tax Base/Income, Avoiding job losses (and unemployment pay), Avoiding GSC disruptions resulting in income tax loss,
Avoiding the scarcity of basic products (e.g., food) and services
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Profit Maximization Hybrid via: Suboptimal economies of scale & enhanced survival, Access to human resources through regional development, Tax breaks & avoiding disruption, Suboptimal global logistics & superior regional embeddedness
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