Evidence of nearshoring in the Americas?

Ana Aguilar, Julian Caballero, Jon Frost and Alejandro Parada

No 94, BIS Bulletins from Bank for International Settlements

Abstract: After decades of deepening economic integration, trade conflicts and geopolitical tensions have recently disrupted global trade patterns (IMF (2023a, 2023b), Qiu et al (2024)). Tariffs and non-tariff measures on goods and investment, and threats of further measures, have increased economic and trade policy uncertainty (Graph 1.A). While the focus is on tensions between the United States and China, restrictions on imports and investment have risen globally, particularly after the Covid-19 pandemic (Graph 1.B).

Pages: 9 pages
Date: 2024-10-10
New Economics Papers: this item is included in nep-cna, nep-int and nep-inv
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