What Is the Impact of Reshoring?

Will Digitalization bring jobs back to developed countries?

The technological progress of the last decades has led to developed countries relocating many work operations to low-wage countries. The increased use of digital technologies is now leading to a partial relocation of production sites back to the developed industrialized countries. However, the number and quality of the jobs is fundamentally different: While many low-skilled jobs left developed countries, only few high-skilled ones will return to the industrialized countries. The attempt to speed up the return of these jobs through punitive tariffs is not promising either.

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#ShapeTomorrowsWorkingWorld #DevelopNewFormsOfFirms #DefineFutureRelationBetweenFirmsSocietyAndPolitics #Connectivity #Mobility #ArtificialIntelligence

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