GEOPOLITICS1 April 2026· 10 min
Economic Geopolitics and Global Value Chains: The Great Rewiring
Global value chains are being restructured at unprecedented speed. Over $1.3 trillion in nearshoring and friendshoring investments were announced between 2022 and 2024, signaling a fundamental transformation of the world economic order.
SOURCES
[1]World Bank, World Development Report 2020: Trading for Development in the Age of Global Value Chains
[2]IMF, World Economic Outlook October 2023: Navigating Global Divergences
[3]ASML Annual Report 2023
[4]Semiconductor Industry Association (SIA), State of the U.S. Semiconductor Industry 2023
[5]U.S. Census Bureau, Trade in Goods with Mexico 2024
[6]UNCTAD, World Investment Report 2023
[7]BloombergNEF, Solar Supply Chain Report 2023
[8]China Association of Automobile Manufacturers (CAAM), Annual Data 2024
[9]European Commission, Anti-Subsidy Investigation on Electric Vehicles from China, June 2024
[10]Federal Reserve Bank of New York, Global Supply Chain Pressure Index 2023
[11]WTO, The Crisis in Ukraine: Implications of the War for Global Trade and Development 2022
[12]Bloomberg, Apple India Manufacturing Expansion Report 2023
[13]Ministry of Commerce of the People's Republic of China, China-Africa Trade Statistics 2023