Reshoring, Friendly-shoring, Target-shoring: dreaming is free but development is not (Renato G. Flôres Jr.)

Abstract: The paper discusses reshoring, friendly-shoring and similar modalities, in terms of their actual feasibility and –in the case of the Atlantic space- the possibility of this movement bringing new development opportunities for the “Atlantic South”. A qualitative discussion of the difficulties inherent to such changes is followed by a preliminary quantitative assessment of the situation in the area at stake. The overall conclusion is that the “x-shoring” movements will bring scarce benefits to the South. However, if the move is also interpreted as an opportunity to create new nodes in the South –enlarging rather than altering existing value chains- positive outcomes may happen. An example with the semiconductor chain illustrates the idea.

Key words: global value chains (GVCs), reshoring, friendly-shoring, Atlantic space, semiconductor chain.

 Reshoring, Friendly-shoring, Target-shoring: dreaming is free but development is not

About the author
Renato G. Flôres Jr. is Head of the International Intelligence Unit of the Getulio Vargas Foundation (FGV IIU) | renato.flores@fgv.br