Putting resilience at the heart of global production networks

Series 5 articles

Most global production over the past few decades has been organized into global value chains (GVCs). GVCs enable firms across countries to gain access to international markets, absorb new technology, and expand economies of scale rapidly.

The COVID-19 pandemic and other environmental and economic crises have significantly affected international production networks, trade systems, labor forces, and industrial development, disrupting GVCs. As a result, it has become crucial to review established approaches to global production to ensure resilience and sustainability.