Mature Economies

We describe the common traits of supply chains in ME - customization, processes, logistics, infrastructure, and customer-service - to contrast them from those in EE. 

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For this discussion see Derek Aldcroft, ed.. The development of British industry and foreign competition, 1875-1914 (Glasgow, 1968) Donald McCloskey ed.. Essays on a mature economy Britain after 1840 (London, 1981) Sidney Pollard, Britain s prime and Britain s decline (London, 1989). 

Mature economy Stable supply process Stable trading process Trade Driven SC EE to ME Responsn SC ME to ME... 

Increases in U.S. demand for caustic soda have been unpredictably high in the last few years. Between 1987 and 1989, the annual increase in demand was about 3% (6). However, the caustic soda market is mature and new areas of significant growth have not surfaced in recent years. The unexpected recent demand is generally related to two factors the pick-up in the U.S. economy after the slump of 1986 and pulp mills operating at fiiU capacity, leading to less efficient caustic use. 

States in particular. This development is even more important today with the maturing global economy, increased global population, and decreased acreage of arable land. 

Less-developed nations such as China believe that the industrial nations polluted their way into prosperity and became concerned about environmental damage only after their economies had already matured. Therefore, they feel it is unfair that the industrial nations—which did and are still emitting most of the greenhouse gases—should expect the less-developed ones to curtail their economic development to cut global carbon emissions. At the 2007 UN conference in Bali, China and India continued to refuse limiting their emissions. 

The details of the methanol conversion process and its control are in development. The process itself is described in Dr. George Olah s book titled Beyond Oil and Gas The Methanol Economy, published by Wiley-VCH, and I understand that it is being developed by Universal Oil Products (UOP), which is also developing related process technologies and joint ventures for demonstration and de facto plants. Therefore, it is not certain, but it is likely that the methanol process could mature by the time the solar-hydrogen demonstration plant is completed, and in that case, it could be made part of the total power plant. 

Overall market growth is mature and heavily dependent on the economy and environmental regulations. In the US, growth from 1998 to 2003 was expected to be about 2% per year250. 

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