CLOSER TO HOME: BRINGING SUPPLY CHAINS BACK TO THE AMERICAS - Global supply chains have been severely tested by a myriad of shocks in the past three years, between pandemic-driven delays, rising transportation costs, and the impact of Russia’s war in Ukraine. As companies grow increasingly wary of the risks to far-flung and just-in-time procurement mechanisms, Latin America and the Caribbean has the potential to be a destination for nearshoring.
Looking to 2023 and beyond, which sectors and factors may be most ripe for production relocation to the Americas and how can countries in LAC take advantage of these opportunities? What are the key factors that could push companies out of traditional overseas locations, like China, and pull them toward the Americas? What policy changes should LAC governments and the United States implement to catalyze and synergize these push and pull factors?
Join the Atlantic Council’s Adrienne Arsht Latin America Center for as we explore how the public and private sectors can translate supply chain relocation from rhetoric to reality.
ORIGINAL AIRDATE: 6/12/23