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Supply-Chain Woes Won’t Be Solved by ‘Reshoring,’ Report Says
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wsj.comWASHINGTON—Efforts by the U.S. and other countries to fix supply-chain problems by boosting domestic production aren’t likely to be effective, according to a report from the International Monetary Fund, which says diversifying sourcing is a better solution.
“Policy proposals to reduce dependence on foreign suppliers, especially in strategic sectors, have gained prominence, including in major markets such as Europe and the United States,” IMF economists wrote in the report released Tuesday.
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