The high cost of low prices : a roadmap to sustainable prosperity / David S. Jacoby.

Includes bibliographies and index.

1. Why is this happening? -- 2. Quantifying the resource, environmental, and social impact -- 3. The European model -- 4. The American model -- 5. Asian approaches -- 6. African and Middle Eastern approaches -- 7. Roadmap for the future: the agenda for change -- 8. Industry knows how to adapt and will remain competitive -- 9. Conclusion -- Appendix 1. Greenhouse gas emissions index by country -- Appendix 2. Environmental performance index by country -- Appendix 3. Social progress index by country -- Appendix 4. D-factor for a bottle of water -- Appendix 5. D-factor for a cup of coffee -- Appendix 6. D-factor for a tank of fuel -- Appendix 7. D-factor for a smartphone -- Appendix 8. D-factor for a transatlantic flight -- Glossary -- About the author -- Index.

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As an international management consultant for 30 years since graduating from Wharton and joining a renowned management consulting firm, the author has helped oil and gas, power, mining, and industrial companies around the world build plants and improve efficiency to offer low-cost goods to consumers who always want more for less. He has seen first-hand the impact of hundreds of industrial mega-projects on natural resources, native landscapes, and working conditions. His first book, The Guide to Supply Chain Management (Bloomberg and The Economist, 2009), formulated a recipe for global supply chain optimization based on industry "best practices." His second book, Optimal Supply Chain Management in Oil, Gas & Power Generation (PennWell, 2011) fine-tuned the techniques of optimal supply chain management for oil, gas, and power companies. In this (his third) book, he pivots to explain how these "optimized" supply chains have created a dilemma of global proportions. He reveals the dark secrets of international supply chains for familiar products such as coffee, bottled water, gasoline, and smartphones, and explains how government policies and business norms around the world have evolved to allow fracking, pollution, toxic waste, human exploitation and other unsustainable practices. Jacoby proposes a bold and promising new policy framework that is ground-breaking and achievable.

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