Global supply chains have come under unprecedented stress as a result of US-China trade
tensions, the Covid-19 pandemic, and geopolitical shocks. We document shifts in the pattern …

Global linkages are changing amidst elevated geopolitical tensions and a surge in policies
directed at increasing supply chain resilience and national security. Using granular bilateral …

The growth in economic sanctions has been matched by a surge in scholarly research. This
article reviews the current state of scholarship on economic sanctions to see where the …

Firms and policy makers are increasingly looking at friend-shoring to make supply chains
less vulnerable to geopolitical tensions. We test whether these considerations are sha** …

Supply chain problems, previously relegated to specialized journals, now appear in G7
Leaders' Communiqués. Our paper looks at three core elements of the problems …

Agri-food global value chains (GVCs) have transformed food production and trade, fostering
efficiency and specialization across international borders and also introducing new …

Industrial policy prioritizes growth in specific sectors. Yet there is little agreement about how
to target sectors in practice, and many argue that governments cannot pick winners. This …

After decades of rising global economic integration, the world economy is now fragmenting.
To measure this phenomenon, we introduce an index of geopolitical fragmentation derived …

We characterize how firms structure supply chains under climate risk. Using new data on the
universe of firm-to-firm transactions from an Indian state, we show that firms diversify …

Purpose After decades of hypergrowth, since the 2008 global financial crisis there has been
a deceleration of globalization and a partial jamming of its main engines (trade and foreign …