Global Value Chain Trade Reaches Historic Highs, Despite Push for Reshoring

Inter Press Service - Global South News

Despite rising geopolitical tensions, trade restrictions and calls to bring production back to domestic shores, the global economy remains more interconnected than it may appear.

Trade through global value chains (GVCs) reached historic levels in 2024, according to a new report from the Organisation for Economic Co-operation and Development (OECD).

GVCs, the cross-border production networks […] ...

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Global Value Chain Trade Reaches Historic Highs, Despite Push for Reshoring

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