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Director / Editor: Victor Teboul, Ph.D.
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Friend-shoring: what Biden wants to achieve by trading with allies rather than rivals

By Karen Jackson, Reader in Economics, University of Westminster
Oleksandr Shepotylo, Senior Lecturer in Economics, Aston University
The tendency to move production and trade away from countries considered to be political rivals or national security risks and towards allies, so-called “friend-shoring”, is a hot topic among economists. The term popped up during the COVID pandemic, a time of significant disruption to supply chains, and gained further traction when Russia invaded Ukraine.

One of the most high-profile results of a friend-shoring…The Conversation


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