Impact of friendshoring
30/08/2023
Between 0.1% and 1% of real GDP in the US and Europe would be affected by friendshoring, with a higher impact of up to 4.7% in countries in between the West and its adversaries (IMF, 2023).
FMI
The Economist (August 30, 2023). What is “friendshoring”? https://www.economist.com/the-economist-explains/2023/08/30/what-is-friendshoring