In the developed world, we often take the positive correlation between openness to trade and development for granted. After all, the world has seen the greatest amount of economic growth ever in this relatively short period of time in which global markets have been very accessible. There can be many factors attributed to this perspective on the near-universal association between trade and wealth, such as its simple, intuitive reasoning, a historical drive for developed nations to seek out beneficial trade opportunities, or perhaps even a general lack of awareness when it comes to how such enterprising attitudes may impact those living in entirely different civilizations. Whatever the reasoning may be, the reality is that global trade or openness to it is not as cut and dry as many would like to believe, nor does trade openness come as freely as one might expect, as certain conditions are needed in order to foster access to well-developed markets. It has been observed recently that the cost of doing trade, so to speak, has been increasing globally as certain state and nonstate actors push against the free trade model developed by the United States after World War II. It is with this challenge in mind that we explore the recent changes in the balance of global power dynamics that have led to a decline in the openness of the globalized economy. Saying this, we are not advocating for an end to "globalization", rather, this paper is meant to observe multiple potential frustrations to the current economic global order and the resulting fallout of trade among the world’s top economies.

In the developed world, we often take the positive correlation between openness to trade and development for granted. After all, the world has seen the greatest amount of economic growth ever in this relatively short period of time in which global markets have been very accessible. There can be many factors attributed to this perspective on the near-universal association between trade and wealth, such as its simple, intuitive reasoning, a historical drive for developed nations to seek out beneficial trade opportunities, or perhaps even a general lack of awareness when it comes to how such enterprising attitudes may impact those living in entirely different civilizations. Whatever the reasoning may be, the reality is that global trade or openness to it is not as cut and dry as many would like to believe, nor does trade openness come as freely as one might expect, as certain conditions are needed in order to foster access to well-developed markets. It has been observed recently that the cost of doing trade, so to speak, has been increasing globally as certain state and nonstate actors push against the free trade model developed by the United States after World War II. It is with this challenge in mind that we explore the recent changes in the balance of global power dynamics that have led to a decline in the openness of the globalized economy. Saying this, we are not advocating for an end to "globalization", rather, this paper is meant to observe multiple potential frustrations to the current economic global order and the resulting fallout of trade among the world’s top economies.

In the realm of supply chain management, student organizations play a crucial role in shaping the future leaders of the field. The Supply Chain Management Association at ASU (SCMA at ASU) stands as a testament to the impact such organizations can have. Recognized as a powerhouse within the highly competitive landscape of student-run organizations at the W.P. Carey School of Business, SCMA at ASU not only facilitates networking opportunities but also serves as a channel for industry insights, professional growth, and the development of an engaged student community. The purpose of this guidebook is to distill the collective experience of SCMA at ASU into a comprehensive resource that can guide and inspire the establishment, maintenance, and growth of student-led supply chain organizations at universities nationwide. To create the most informative guidebook possible, this resource will not only draw upon the rich experiences and achievements of SCMA at ASU but also incorporate insights and information from supply chain student organizations across various universities. This inclusion ensures a diverse range of successful strategies, innovative practices, and practical advice, reflecting what has worked best for these organizations in different academic and operational contexts. By pooling knowledge from a broad spectrum of successful SCM student organizations, this guidebook aims to serve as an essential tool for any university looking to enhance its supply chain program through student-led initiatives, fostering a new generation of supply chain professionals equipped to navigate and lead in an ever-changing global landscape.

In the realm of supply chain management, student organizations play a crucial role in shaping the future leaders of the field. The Supply Chain Management Association at ASU (SCMA at ASU) stands as a testament to the impact such organizations can have. Recognized as a powerhouse within the highly competitive landscape of student-run organizations at the W.P. Carey School of Business, SCMA at ASU not only facilitates networking opportunities but also serves as a channel for industry insights, professional growth, and the development of an engaged student community. The purpose of this guidebook is to distill the collective experience of SCMA at ASU into a comprehensive resource that can guide and inspire the establishment, maintenance, and growth of student-led supply chain organizations at universities nationwide. To create the most informative guidebook possible, this resource will not only draw upon the rich experiences and achievements of SCMA at ASU but also incorporate insights and information from supply chain student organizations across various universities. This inclusion ensures a diverse range of successful strategies, innovative practices, and practical advice, reflecting what has worked best for these organizations in different academic and operational contexts. By pooling knowledge from a broad spectrum of successful SCM student organizations, this guidebook aims to serve as an essential tool for any university looking to enhance its supply chain program through student-led initiatives, fostering a new generation of supply chain professionals equipped to navigate and lead in an ever-changing global landscape.