Discover the changing landscape of global supply chains with Peter Goodman, The New York Times' global economic correspondent. He sheds light on the seismic shifts in global supply chains and the vulnerabilities laid bare by the COVID-19 pandemic and geopolitical tensions. Uncover how the rise of economic nationalism and elite influence is reshaping trade and labour, turning the promise of liberalised trade on its head.

Peter's insights from his book, "How the World Ran Out of Everything: Inside the Global Supply Chain," guide us through the complex dance between globalisation, market concentration, and economic inequality. We discuss the unexpected consequences of long-standing policies and the fragility of supply chains optimised for efficiency over resilience. From the dominance of a few corporations to the role of domestic policy failures, Peter paints a picture of how monopolistic power and democratic process capture have moulded today's economic landscape.

As we gaze into the future, explore the transformations in global supply chains with a focus on nearshoring and reshoring. Understand the emerging roles of Vietnam, India, and Mexico as pivotal players in this evolving scene. Climate change's impact on supply chains demands attention, prompting businesses to rethink production proximity and resilience. Peter critiques strategies like just-in-time inventory, urging a reevaluation of corporate incentives and labour rights for a sustainable and equitable global trade future. Join us for this compelling conversation that dissects the past, present, and future of global trade dynamics.

More inspiration from Peter Goodman:
Link to his latest book How the World Ran Out of Everything
Website: https://www.petersgoodman.com/

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