Lessons from past disruptions to global value chains
The recovery of supply chains can be supported through trade policies and firm-specific initiatives.
The recovery of supply chains can be supported through trade policies and firm-specific initiatives.
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.