Investigating The U.S. Reliance On Foreign Suppliers
from the St Louis Fed
– this post authored by Ana Maria Santacreu, Senior Economist; and Jesse LaBelle, Research Associate
During the past two decades, the production process has become more fragmented, with different stages occurring in different parts of the world (often referred to as global value chains). Understanding the risks of the international fragmentation of production has been the focus of debate among academics and policymakers – especially since the start of the COVID-19 pandemic.
Source: http://econintersect.com/pages/contributors/contributor.php?post=202105230519
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