Friend-shoring e onshoring. Quali opportunità e quali rischi ? (East Asia Forum)

It is one of the blessings of old friends, as Ralph Waldo Emerson once wrote, that you can afford to be stupid with them. Stupidity is perhaps a harsh word for the general direction of international economic policy in the age of COVID-19 and the Russian invasion of Ukraine, but it is not wholly inapt, either. The idea — increasingly popular among policymakers, particularly in the West — that international trade and investment should predominantly take place between close geopolitical friends is supposedly a solution to a darkening geopolitical environment, but the economic implications could be as disastrous as the rhetoric is slick.

Since we cannot trust all of our trading partners to have our best interests at heart, the argument goes, we should do our best to concentrate our trade and investment where they are unlikely to be threatened by geopolitical manoeuvring. Superficially, there might seem to be something to this idea: China has tried to leverage its weight in international trade to extract political concessions from countries as far afield as Australia and Lithuania. Surely it would be better for countries to concentrate their interests in places where the geopolitical risk of doing business is minimised?

Friendshoring and onshoring: protectionism, industrial policy and geopolitical blocs by another name | East Asia Forum

Marco Emanuele
Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

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