Journal Press India®

GBS Impact: Journal of Multi Disciplinary Research
Vol 10 , Issue 2 , July - December 2024 | Pages: 240-264 | Research Paper

Resilience and Adaptation Strategies in East Asia's Manufacturing Sector: Navigating Economic Turbulence and Supply Chain Disruptions

Author Details ( * ) denotes Corresponding author

1. * Palvinder Kaur, Associate Professor, Commerce, PGDAV College evening, University of Delhi, New Delhi, Delhi, India (royalpalvi16@gmail.com)

The manufacturing sector in East Asia, particularly in Japan, South Korea, and China, is a critical driver of global economic growth. However, recent challenges, such as economic turbulence, geopolitical tensions, the COVID-19 pandemic, and rising input costs, have disrupted this trajectory, forcing these economies to adapt. This study analyzes the responses of governments and leading firms in these countries to disruptions, focusing on the integration of advanced technologies, supply chain diversification, and sustainable practices. A comprehensive approach to data collection and analysis was employed, utilising macroeconomic indicators, industry reports, case studies, and peer-reviewed research articles. These findings indicate that East Asian manufacturers deploy technologies such as automation, IoT, AI, and robotics to improve productivity and adapt to disruptions, positioning the region as a leader in Industry 4.0. The shift towards supply chain diversification and regionalisation has reduced the dependency on global networks, thereby enhancing resilience. Government support through policy initiatives has been crucial for fostering technological advancements, sustainable practices, and infrastructure development. The future of manufacturing in the region depends on a balanced approach that integrates technological innovation, workforce development, supply chain resilience, and sustainability, thus ensuring that East Asia remains a leading player in the global manufacturing landscape.

Keywords

Economic Turbulence, Manufacturing Sector, GVC, East Asian Countries, Supply Chain Disruptions.

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