The pandemic crisis and the war in Ukraine, with its far-reaching geopolitical implications, have shown substantial vulnerabilities in many global supply chains that revamped the debate on the future of globalisation and the potentialities and downsides of reshoring, nearshoring or friendshoring processes. Indeed, the reconfiguration of global value chains has been increasingly debated as an economic policy tool to secure the supply of critical products and establish strategic autonomy at the EU level. …read more
Source:: Istituto Affari Internazionali
