Global value chains in times of multiple crises
Efficiency, substitution and resilience are keywords for action.
Efficiency, substitution and resilience are keywords for action.
Demand-led industrial strategies can be highly effective, but need to be carefully designed and implemented to avoid possible pitfalls.
The recovery of supply chains can be supported through trade policies and firm-specific initiatives.
COVID-19 struck at the core of GVC hub regions, with severe implications for international production networks.