Don’t overestimate shifts from globalization to regionalization
An assessment of trends in trade flows and expectations for the future.
An assessment of trends in trade flows and expectations for the future.
The consequences of drastic COVID-19 vaccine shortages in Africa make the need for continental production ever more pressing.
The pandemic-induced crisis will have severe impacts on household incomes and industries in the region and requires swift policy actions.
Automation and reshoring mitigate risks. Industrial policies aiming to reduce dependence on global supply chains could accelerate the trend.