Reshoring by Decree? The Effects of Decoupling Europe from Global Value Chains

Abstract Overall, decoupling from certain countries may be both politically necessary and economically feasible, at least in the long run. However, a general shift of production back to Europe would be accompanied by significant losses in real income.

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Main Author: Alexander Sandkamp
Format: Article
Language:English
Published: Springer 2022-12-01
Series:Intereconomics
Online Access:https://doi.org/10.1007/s10272-022-1087-9
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author Alexander Sandkamp
author_facet Alexander Sandkamp
author_sort Alexander Sandkamp
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description Abstract Overall, decoupling from certain countries may be both politically necessary and economically feasible, at least in the long run. However, a general shift of production back to Europe would be accompanied by significant losses in real income.
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publishDate 2022-12-01
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spelling doaj-art-a4df5c2cd86644d396e2973d1e56e4c72025-01-17T08:34:13ZengSpringerIntereconomics1613-964X2022-12-0157635936210.1007/s10272-022-1087-9Reshoring by Decree? The Effects of Decoupling Europe from Global Value ChainsAlexander Sandkamp0Trade Policy, Kiel Institute for the World EconomyAbstract Overall, decoupling from certain countries may be both politically necessary and economically feasible, at least in the long run. However, a general shift of production back to Europe would be accompanied by significant losses in real income.https://doi.org/10.1007/s10272-022-1087-9
spellingShingle Alexander Sandkamp
Reshoring by Decree? The Effects of Decoupling Europe from Global Value Chains
Intereconomics
title Reshoring by Decree? The Effects of Decoupling Europe from Global Value Chains
title_full Reshoring by Decree? The Effects of Decoupling Europe from Global Value Chains
title_fullStr Reshoring by Decree? The Effects of Decoupling Europe from Global Value Chains
title_full_unstemmed Reshoring by Decree? The Effects of Decoupling Europe from Global Value Chains
title_short Reshoring by Decree? The Effects of Decoupling Europe from Global Value Chains
title_sort reshoring by decree the effects of decoupling europe from global value chains
url https://doi.org/10.1007/s10272-022-1087-9
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