Global trends in localization and local content

Global trends in localization and local content

May 15, 2024
"A big driver is the acceleration of the energy transition and the need for countries to stay relevant and competitive as they transition from being resource-based economies into becoming knowledge-based advanced economies."

In our sixth podcast episode, we explore the world of local content and its global implications. Our hosts, Dorival Bettencourt and Zachary Kaplan, discuss the significance of local content and localization in economic development strategies across all sectors. They highlight the emergence of the ‘globalization of local content’, a trend shaping economies of all sizes. This episode stands out for its dynamic discussion on how businesses are redefining competitiveness through localization and inclusivity.

The conversation also explores the intersection of these concepts with key areas such as competitiveness, diversification, supply chain resilience, and sustainability. These elements are integral to the decision-making and strategy of businesses aiming to improve their competitiveness.

"We need to look at the costs and drivers in a short, medium and long-term view to decide what is optimal and not necessarily what is maximal."
Philadelphia Office, North America

If you’re curious about the transformative power of local content in fostering a more sustainable world, this episode is a must-listen. It offers insights into how localization and local content are poised to play a crucial role in shaping the future of global economies. Tune in now to learn more.

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Questions or comments? Get in contact with our experts Zachary Kaplan and Dorival Bettencourt.

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