Smil — “Arguments for reshoring many kinds of manufacturing in…”

Source: How the World Really Works: The Science Behind How We Got Here and Where We’re Going — Vaclav Smil

Book page: smil-how-the-world-really-works

From: How the World Really Works — Quotes

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Arguments for reshoring many kinds of manufacturing in order to gain greater resilience and reduce unexpected disruptions are not new. The progress of globalization and the actions of multinational companies have been questioned and criticized since the 1990s and, more recently, these sentiments became part of electoral discontent in some countries, most notably in the UK and the US.[98] But as the COVID-19 pandemic unfolded, a remarkable lineup of institutions began to publish analyses and appeals for the reorganization of global supply chains. The OECD looked at the policy options to build more resilient production networks that would rely less on imports from distant places and that could better withstand global trade interruptions