Industrial Policy in Times of Reshoring
An analysis of how the relocation of production chains is redefining industrial strategies in emerging economies, with a focus on Latin America.
The COVID-19 pandemic and recent geopolitical tensions have accelerated a phenomenon that was already emerging since the trade war between the United States and China: the relocation of productive chains. This process, known as reshoring or nearshoring, poses unprecedented opportunities for Latin American economies.
Argentina, with its diversified industrial base and its endowment of strategic natural resources, is in a privileged position to capture part of these investment flows. However, seizing this window of opportunity requires an active and coordinated industrial policy.
Industrialization is not a luxury but a necessity for developing economies.
An analysis of how the relocation of production chains is redefining industrial strategies in emerging economies, with a focus on Latin America.