This book analyses the possible regionalization of global value chains particularly in
manufacturing. Amidst calls for an industrial renaissance in Europe and a resurgence of
manufacturing jobs in the United States the dynamics of global value chains have been reshaped
by global pandemics geopolitical tensions and increased automation. Employing a
multi-regional input-output model the book scrutinizes the decline in offshoring afer the
mid-2010s. It sheds light on regionalization as a pivotal force redefining global markets and
focuses on Europe and North America revealing the strengthening of regional ties. Discussing
future challenges the book will appeal to scholars students and researchers as well as
practitioners and policy-makers interested in a better understanding of (de)globalization
nuances connected to the evolving role of manufacturing in global value chains.
