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South Korea is a long way away, if supply chains are contested and there are competing bidders for their outputs. South Korea is far closer to Singapore. "Frie
by ggm 1y ago
South Korea is a long way away, if supply chains are contested and there are competing bidders for their outputs. South Korea is far closer to Singapore.
"Friends" is a strange concept in national strategic planning. You might ask yourself "just how much are those friends going to come and help when push comes to shove" and look at current politics, and re-assess what has been commonly felt these last 50 years: no prior friend can be assumed to be motivated to still be a friend.
Think about Taiwan. All these friends, and now the biggest one says "we think you're too risky. move all that advanced chip making to us, onshore, we'll talk more about how seriously we want to be a friend and defend you after"
- eru 1y agoThere's always trade-offs. Even local shipping producers can't magic together a ship in a week. Of course, you can also look for some closer-to-home backup friends. My main point is that close allies (both geographically and in terms of relationship) are about as good as having your own local industry. In a few important cases and areas, having production with friends is better than at home. Mostly because it's harder for local political interests to capture a foreign economy.
- deleted 1y ago[deleted]
- dylan604 1y ago> Of course, you can also look for some closer-to-home backup friends. Nobody likes being a back up friend to only be called on when your primary friend is unavailable, or you want to do something your primary friend wouldn't like. Countries make treaties/trade agreements accordingly
- eru 1y agoCountries (and corporations) aren't like ordinary people with their pesky social norms: your international 'friends' are mostly happy to be compensated with eg money or other goodies for being your backup friends, even when that would be a social faux pas with human friends.
- toast0 1y ago> There's always trade-offs. Even local shipping producers can't magic together a ship in a week. No, but depending on your (presumed national security) needs, you might be able to repurpose a ship that was almost done for another client. If you have active local shipbuilders, there should be some capacity there. But, the trick is, how do you do it? The US Jones Act is trying, but US ship building capacity is pretty minimal. Just ordering military ships on the regular is expensive... Etc.
- eru 1y ago> The US Jones Act is trying, but US ship building capacity is pretty minimal. Some people might go so far as to put a lot of the blame for the sorry state of affairs _on_ the Jones Act. (Though to be fair, while the Jones Act alone could probably snuff out American ship building, even without it most ships would probably still be build in South Korea. But you can fairly blame the Jones Act for suppressing US-to-US ocean shipping.)