Irenaeus, Siteadmin, Check users, oversight, Administrators
351,089
edits
Changes
Jump to navigation
Jump to search
Line 695:
Line 695: + + + + + + + + + + + Line 702:
Line 713: − +
User:Conservative/Economics (view source)
Revision as of 11:34, September 10, 2024
, 11:34, September 10, 2024no edit summary
== Reshoring and the USA ==
== Reshoring and the USA ==
The United States is reshoring its supply chains and producing more things domestically for several reasons and this will give it more security from foreign disruptions.<ref>
*[https://www.youtube.com/watch?v=UNxkpqx1LDw The Greatest Reindustrialization Process in US History], video
*[https://www.forbes.com/sites/billconerly/2023/08/19/us-manufacturers-reshoring-but-it-will-take-a-long-time/?sh=4081a5e54c91 U.S. Manufacturers Reshoring, But It Will Take A Long Time], Forbes, August 19, 2023
*[https://www.cnbc.com/2023/06/01/reshoring-more-domestic-manufacturing-due-to-supply-chain-disruption.html Firms are bringing production back home because of the Ukraine war, China’s slowdown — and TikTok], NBC News, June 1, 2023
*[https://www.sme.org/technologies/articles/2023/october/reshoring-and-restoring-u.s.-manufacturing/ Reshoring and Restoring U.S. Manufacturing], October 23, 2023
*[https://www.rbccm.com/en/story/story.page?dcr=templatedata/article/story/data/2023/07/a-new-wave-of-reshoring-for-us-manufacturers A New Wave of Reshoring for US Manufacturers]
*[https://www.youtube.com/watch?v=7GgxbBzQfQk Trade and Reshoring in the USA], video
*[https://www.eweek.com/it-management/reshoring-alleviates-supply-chain-issues/ Reshoring Alleviates Supply Chain Issues – But It Needs Tech to Control Costs], eWeek, August 10, 2023
*[https://www.americanmanufacturing.org/blog/mckinsey-study-shortened-supply-chains-are-coming/ McKinsey Study: Shortened Supply Chains are Coming]
*[https://www.youtube.com/watch?v=Yr0VQxfjAQI The Future of Ohio: Manufacturing Growth and Political Shifts || Peter Zeihan]</ref> First, due to Covid-19 disruptions in production in China. Furthermore, China is facing an aging populations with a shortage of workers due to their previous [[One-child Policy]]. East Asia as a whole with its subreplacement level of births will also face labor problems in the future as well. As a result, America will face a lower risk of its supply chains disruptions due to countries not being able to keep up with demand or foreign powers militarily disrupting its supply chains. The net result of this is the USA will have a lower need to project its power overseas. The USA having less of a need to be the world's supply chain protector and policeman will cause a less globalized economy and more of an emphasis on regional/local economies. See: [https://www.youtube.com/watch?v=UNxkpqx1LDw The Greatest Reindustrialization Process in US History] (Video) and [https://www.rbccm.com/en/story/story.page?dcr=templatedata/article/story/data/2023/07/a-new-wave-of-reshoring-for-us-manufacturers A New Wave of Reshoring for US Manufacturers] and [https://www.americanmanufacturing.org/blog/mckinsey-study-shortened-supply-chains-are-coming/ McKinsey Study: Shortened Supply Chains are Coming]
=== Ohio ===
=== Ohio ===
*[https://www.jobsohio.com/ JobsOhio]’s mission is to drive job creation and new capital investment in Ohio. A suite of programs and services has been designed to attract business, retain jobs, and help make the choice to expand or relocate here an easy one.
*[https://www.jobsohio.com/ JobsOhio]’s mission is to drive job creation and new capital investment in Ohio. A suite of programs and services has been designed to attract business, retain jobs, and help make the choice to expand or relocate here an easy one.
*[https://www.linkedin.com/in/ian-andrew-50844489/ Ian Andrew], Senior Manager, North American Business Development, JobsOhio, Columbus, Ohio, United States
*[https://www.linkedin.com/in/ian-andrew-50844489/ Ian Andrew], Senior Manager, North American Business Development, JobsOhio, Columbus, Ohio, United States
== Globalization of trade ==
== Globalization of trade ==