Home  Journals  National Interests: Priorities and Security  1(442) - 2025 January

Localization of production under high foreign economic risks

Received: 2 September 2024

Accepted: 11 November 2024

Available online: 17 January 2025

Subject Heading: ECONOMIC SECURITY

JEL Classification: A13, A14, D03, E03

Pages: 29-36

https://doi.org/10.24891/ni.21.1.29

Subject. This article discusses the issues of ensuring economic security.
Objectives. The article aims to analyze the ratio of efficiency and safety in the conditions of localization of production.
Methods. For the study, I used the general scientific research methods.
Results. The article differentiates supply chains restructuring both by industry and country. It finds that production gets localized under the influence of increased volatility of the economic environment and due to the development of technologies.
Conclusions. When analyzing the localization of production, it is necessary to take into account its long-term impact on the development of the economy and its future competitiveness.

Keywords: Localization of production under high foreign economic risks

References:

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