Global value chains in times of multiple crises
Efficiency, substitution and resilience are keywords for action.
Efficiency, substitution and resilience are keywords for action.
Advances in production technology and a trend towards shorter supply chains make a return to “business as usual” highly unlikely.
The recovery of supply chains can be supported through trade policies and firm-specific initiatives.
COVID-19 stimulus packages must carry energy efficiency incentives to help industries and economies rebound.
COVID-19 struck at the core of GVC hub regions, with severe implications for international production networks.