GEOPOLITICS27 July 2026· 10 min
Economic Geopolitics and Global Value Chains: The Great Rewiring
Global value chains are being redrawn at historic speed. With $13.8 trillion in trade at stake, geopolitical fractures are forcing multinationals to rethink every node of their supply networks.
SOURCES
[1]World Bank, 'World Development Report 2020: Trading for Development in the Age of Global Value Chains'
[2]OECD Trade in Value Added (TiVA) Database, 2023 Edition
[3]IMF World Economic Outlook, October 2023: 'Navigating Global Divergences'
[4]McKinsey Global Institute, 'The complication of concentration in global value chains', 2023
[5]Boston Consulting Group, 'Reshoring Semiconductors: The Cost of Decoupling', 2023
[6]US Department of Commerce, CHIPS and Science Act Implementation Report, 2023
[7]European Commission, European Chips Act — Official Text and Impact Assessment, 2023
[8]Federal Reserve Bank of New York, Global Supply Chain Pressure Index (GSCPI), 2024
[9]Rhodium Group, 'Exposure: Assessing the Impact of a Taiwan Conflict on US Interests', 2023
[10]European Chamber of Commerce in China, Business Confidence Survey 2023
[11]