Global value chains in times of multiple crises
Efficiency, substitution and resilience are keywords for action.
Efficiency, substitution and resilience are keywords for action.
The coronavirus pandemic has not fundamentally altered pre-pandemic megatrends, but accelerated some.
Job growth in GVCs typically stems from simultaneous productivity growth and the expansion of GVC production activities.
Green hydrogen holds the key to decarbonization and can act as a catalyst for industrial development.
Developing countries can use spatial policies to reduce their ecological footprint while simultaneously increasing their competitiveness.
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.