De-Dollarisation and New Global Supply Chains: An Assessment

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De-Dollarisation and New Global Supply Chains: An Assessment

by Mirko Giordani

16 February 2022

In this paper we discuss:

1. The impact the pandemic had on global supply chains;
   
2. What the war in Ukraine has shown developing countries about the US and EU’s ability to impose sanctions;
   
3. The attempts made by several emerging markets to reduce their dependence on the USD for foreign trade;
   
4. How most countries are trying to reduce their dependence on China-led supply chains; and
   
5. The implications these trends will have on the global economy in coming years.
   

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