Lessons from Japan: Automation and Reshoring of Supply Chain

Download PDF: There are two main drivers of global deflationary trend in the past 30 years: rising global trade allowed by the shift towards greater openness in China and former Soviet countries and the explosion of productive-age population facilitated by the baby boomer generation (Chart 1). In 1989, the wage gap between the developed worldContinue reading “Lessons from Japan: Automation and Reshoring of Supply Chain”