globalEDGE Blog Podcast

Supply Chain Crisis Leading to Deglobalization


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In today’s market, consumers are offered a variety of instantly available products from across the globe. The sourcing of production across nations and within borders has allowed this globalization to be efficacious – effective supply chain and logistics being the main component to this success. When COVID-19 appeared, the supply chain’s pre-existing fundamental issues were exacerbated; now, this crisis is powering a retreat from globalization, similar to the effects of the 2008 financial crisis.
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globalEDGE Blog PodcastBy globalEDGE