The role of the global supply chains in the COVID-19 pandemic and beyond
As most countries experience COVID-19 related lockdowns, there are concerns about both the present and the future of global supply chains.
As most countries experience COVID-19 related lockdowns, there are concerns about both the present and the future of global supply chains.
The pandemic is causing massive disruptions to flows of foreign direct investments. Developing countries are likely to be hit the hardest.
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.
UAE has made headways with efforts to diversify its oil-driven economy and now aims to break into high-tech manufacturing.
The East Asian Miracle provides crucial lessons for developing countries on export-oriented manufacturing growth.
Production became fragmented into networks across many locations, with implications for industrial development.
Individual country experiences point to differences in Global Value Chains participation since the mid-1990s.