Global value chains in times of multiple crises
Efficiency, substitution and resilience are keywords for action.
Efficiency, substitution and resilience are keywords for action.
Conforming or defying comparative advantage? The current debate on diversification, and reconsidering long jumps in policy advice.
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 struck at the core of GVC hub regions, with severe implications for international production networks.