A Ticking Clock for Latin America’s Nearshoring Opportunity
The window is still open for the region to benefit from the supply chain reshuffle—but not for much longer.
This article is adapted from AQ’s upcoming special report on cybersecurity A defining trend of the last year is the fluidity of global supply chains. Companies are on the move, driven by the memory of COVID-19 disruptions, seismic shifts in demand and supply, demographic changes and, increasingly, geopolitics. Latin America’s economies have yet to take full advantage of this dynamism. To do so, they will need to find a way to work together before the window of opportunity closes. For the 25 years leading up to the pandemic, McKinsey calculates that less than 2% of global...
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