The future of global value chains in the post-pandemic world
Countries must rethink innovation and investment policy measures to enable long-term sustainability.
Countries must rethink innovation and investment policy measures to enable long-term sustainability.
A sociotechnical approach offers a framework for understanding the various facets and interactions of the industry.
Integration of manufacturing firms in global value chains offers opportunities for countries to raise employment, exports and productivity.
Innovation can provide swift remedies to the COVID-19 linked recession. Policy should contain incentives to innovate in the long-term.
Policy actions and coordination will be crucial in mitigating the impacts of the global pandemic on industry.