Is the World Becoming Too Vulnerable to Supply Shocks?
The global economy has become extraordinarily efficient at moving goods, energy and components across borders. The problem is that it may have sacrificed too much resilience in the process.
ET&A Research · 24 July 2026

For decades, globalisation operated on a fairly simple principle: manufacture each product where it can be produced most efficiently, maintain as little excess inventory as possible and move everything through a tightly connected international trading system.
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