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Africa faces hard knocks as rich countries take manufacturing back home

By Jonathan Munemo, Professor of Economics, Salisbury University

The global economic crisis triggered by the outbreak of the COVID pandemic in 2020 and Russia’s invasion of Ukraine in February this year has intensified the risk of declining trade integration between countries. A process referred to as the deglobalisation of trade.

The pandemic sent shocks through supply chains across the world. As a result, companies in some advanced economies have started to prioritise…

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