The pandemic highlighted the vulnerability of global supply chains

spurring countries and companies to reshape them for a new era of global trade.

But how significant are these changes?

It's happening and it's a significant change.

And when we look at it today and we think about the key drivers of corporate and government capital

investment over the coming couple of decades, we actually think the push to domesticate supply chains,

to build greater security in supply chains, especially in critical technology

and resources, actually is one of the biggest drivers of potential demand and growth that we're

likely to see across the public equity landscape.

I'm Allison Nathan, and this is Goldman Sachs exchanges.

In this special episode we'll break down the macro pressures and geopolitics

that are forcing countries and companies to remake their supply chains

and how that's changing the investment landscape.

To do that, I'm speaking with Andrew Tilton, Chief Asia Pacific Economist in

Goma Sachs Research, and Luke Luke Bars from the fundamental equity business in Goldman Sachs asset management.

We also speak with semiconductor industry veteran Richard Hill, chairman of the board at Marvell Technology, for his take on how the changes are affecting the industry.

I first turn to Andrew Tilton to understand the macro trends affecting global supply chains,

given the important role that the Asia Pacific region plays in these supply chains.

Andrew, welcome back to the program.

Thank you.

So at a high level, first just explain to us the role that the Asia Pacific region plays

in the global supply chain?

...