COVID-19: A wake up call for research and industrial capacity-building
The pandemic is a reminder that investments in scientific, technological and productive capacities are necessary to build resilience in crises.
The pandemic is a reminder that investments in scientific, technological and productive capacities are necessary to build resilience in crises.
The pandemic is causing massive disruptions to flows of foreign direct investments. Developing countries are likely to be hit the hardest.
Innovation can provide swift remedies to the COVID-19 linked recession. Policy should contain incentives to innovate in the long-term.
Policy responses to COVID-19 need to manage short-term effects of the pandemic while setting conditions for economic recovery.
Automation and reshoring mitigate risks. Industrial policies aiming to reduce dependence on global supply chains could accelerate the trend.
COVID-19 struck at the core of GVC hub regions, with severe implications for international production networks.
Policy actions and coordination will be crucial in mitigating the impacts of the global pandemic on industry.
UAE has made headways with efforts to diversify its oil-driven economy and now aims to break into high-tech manufacturing.