Demystifying deglobalization: Discussing Asia’s supply chains | Hinrich Foundation

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For all the talk of near-, on- or friend-shoring, global supply chains have in fact been expanding, though they’re growing in a different way than before. Oxford Economics and the Hinrich Foundation discussed a deep dive on the subject with the Economic Society of Australia.

In a recent work commissioned by the Hinrich Foundation, Oxford Economics traced the evolution of global supply chains through the lens of intermediate goods trade.

Oxford Economics’ lead economist Thang Nguyen and the Hinrich Foundation’s research director Chuin Wei Yap sat down with the Economic Society of Australia today to discuss some of the team’s key findings.

Our deep dive found that #supplychains aren't shrinking. They'll likely keep growing, though in different ways than they used to, in the shadow of #geopolitical tensions and an escalation of #industrialpolicies worldwide.

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Globalization is tighter it’s just the structure and hierarchy of globalization has changed

ericjiang