Ep. 473: The Looming Great Relocation

Economy
Written By Stuart McNish

Guest: Laura Alfaro, Harvard Business School

“Nearshoring, friendshoring and onshoring” are terms that are becoming common in reference to moves within the United States to address a number of issues associated with global value chains.

According to co-author Laura Alfaro of a paper that was prepared for the Jackson Hole Symposium in 2023, there is a, “Looming Great Relocation” on the horizon.

Alfaro says, “The evidence is clear – the US reliance on China peaked in 2017. The introduction of tariffs by President Trump, the continued application of those tariffs by President Biden, and the ongoing power play between the two countries has brought about changes to distribution channels.”

According to Alfaro, “Vietnam and Mexico have and [will] continue to rise in prominence as preferred trading partners. And while Canada has slipped over the past 30 years, it still remains a strong trading partner.”

We invited Laura Alfaro of the Harvard Business School to join us for a Conversation That Matters about the shifting trade patterns and relationships that are underway.

 
Laura Alfaro thumbnail for Careers That Matter episode

Want to learn more about our guest?

Check out their profile on our partnered program, Careers That Matter!

 
 
Featured
Ep. 510: Post-Pandemic Leadership
Career, Economy
corporate culture, office, workplace, employment, working, remote working, hybrid working, work from home, wfh
Ep. 510: Post-Pandemic Leadership
Career, Economy
corporate culture, office, workplace, employment, working, remote working, hybrid working, work from home, wfh

We invited Ron Bremner to join us for a Conversation That Matters about post-pandemic leadership.

Career, Economy
corporate culture, office, workplace, employment, working, remote working, hybrid working, work from home, wfh
Ep. 507: A Bleak Market for EVs
Science and tech, Economy
electric vehicles, EVs, electric cars, cars, clean technology, green tech, clean tech, green technology, technology
Ep. 507: A Bleak Market for EVs
Science and tech, Economy
electric vehicles, EVs, electric cars, cars, clean technology, green tech, clean tech, green technology, technology

We invited Adam Pankratz to join us for a Conversation That Matters on the trajectory of electric vehicle sales and what that says about government directives versus market forces.

Science and tech, Economy
electric vehicles, EVs, electric cars, cars, clean technology, green tech, clean tech, green technology, technology
Ep. 506: Will AI produce a state of deep utopia?
Economy, Science and tech
AI, artificial intelligence, technology, computers, humanity, human resources
Ep. 506: Will AI produce a state of deep utopia?
Economy, Science and tech
AI, artificial intelligence, technology, computers, humanity, human resources

We invited Nick Bostrom to join us for a Conversation That Matters about our flirtatious and tempestuous relationship with the evolution of intelligence.

Economy, Science and tech
AI, artificial intelligence, technology, computers, humanity, human resources
Ep. 504: Vancouver: Beautiful, yes – but!
Economy, Vancouver and British Columbia
business, small business, commerce, Vancouver, productivity
Ep. 504: Vancouver: Beautiful, yes – but!
Economy, Vancouver and British Columbia
business, small business, commerce, Vancouver, productivity

We invited Bridgitte Anderson, the CEO of the Greater Vancouver Board of Trade, to join us as a guest on Conversations That Matter about where our attention needs to turn to close our productivity and prosperity gap.

Economy, Vancouver and British Columbia
business, small business, commerce, Vancouver, productivity
Stuart McNish
Previous

Ep. 474: How markets shape cities
Next

Ep. 472: The Importance of Workplace Accessibility