A perspective on the great reallocation of global supply chains

Previous optimism that cross-border supply chains would improve efficiency for firms and open up growth opportunities for countries has been tempered by concerns that global value chains now expose firms and countries to the risk of disruptions. This column analyses the evolution of global supply chain patterns centred around the US over the last four […]

This is a third-party article, excerpted here. Read the full article at CEPR / VoxEU →