Reshoring trend? What the evidence shows

The disruptions to global value chains (GVCs) stemming from the Covid-19 pandemic along with geopolitical tensions led to an upsurge in the debate in favour of reshoring to enhance resiliency. Reshoring, sometimes referred as back-shoring or homeshoring, as well as other offshoring strategies are being proposed as solutions to global supplying issues, further reinforcing a narrative that had already been gaining momentum since the early 2010s.