Global Supply Chains Adapt and Evolve Amidst Pandemic Challenges

Global Supply Chains Adapt and Evolve Amidst Pandemic Challenges

In the wake of the COVID-19 pandemic, global supply chains faced unprecedented challenges, leading to months-long delays in delivering goods and causing concerns among policymakers. Terms like “reshoring” gained popularity as companies contemplated moving manufacturing operations back to their home countries, such as the United States. However, a recent working paper sheds light on a…