The New Big Idea: Friend-Shoring

... complementing rampant protectionism, sanctions and other restrictions The world is round so that friendship may encircle it. — Pierre Teilhard de Chardin One of the recent trends that has been promulgated by the authorities in the advanced economies is friend-shoring, namely directing economic activity towards those countries that share the values and principles of the advanced world. The term friend-shoring is related to the concept of “onshoring,” i.e. the process of transferring of supply chains ...