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Friendshoring: Von Torheiten, Trugschlüssen und Tretminen

Author

Listed:
  • Kooths Stefan

    (Institut für Weltwirtschaft, Kiel, Kiel, Germany)

  • Langhammer Rolf J.

    (Institut für Weltwirtschaft, Kiel, Kiel, Germany)

Abstract

The emerging call in the western world for more "friendshoring" is aimed at aligning trade flows more closely with countries with similar political values in order to make supply chains more resilient. This would further fray the global trade order, which is already riddled with all kinds of exceptions and special rules. It remains unclear whether pro-friendshoring policies can be justified by a market failure, that would have to be based on a discrepancy between individual rationality (company level) and collective rationality (economic policy). In addition to a rather uncertain primary effect, considerable adverse side effects are also to be expected for the then more disintegrated “friendly” and “unfriendly” economic blocs. Overall, skepticism towards the idea of friendshoring is appropriate, which can be summarized in ten theses.

Suggested Citation

  • Kooths Stefan & Langhammer Rolf J., 2025. "Friendshoring: Von Torheiten, Trugschlüssen und Tretminen," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 74(1), pages 285-300.
  • Handle: RePEc:bpj:ordojb:v:74:y:2025:i:1:p:285-300:n:1025
    DOI: 10.1515/ordo-2025-2012
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    Keywords

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    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F52 - International Economics - - International Relations, National Security, and International Political Economy - - - National Security; Economic Nationalism

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