Shocks, international trade, and diversification: Lessons from the pandemic
Ongoing supply disruptions and future adverse shocks highlight the need for more resilient value chains. Economists argue reshoring is not the solution.
Adil Mohommad is currently an Economist in the Research Department of the IMF. He has previously served as an economist on numerous IMF country teams including India, Australia, New Zealand, Nepal, Bhutan, and Tuvalu.
Ongoing supply disruptions and future adverse shocks highlight the need for more resilient value chains. Economists argue reshoring is not the solution.
The raising of US tariffs to 25% on $200 billion of annual Chinese imports on May 10 marked the latest escalation in the US-China trade tensions.