Industrial policy in a new global reality
A new location- and sector-focused approach to drive structural transformation.
A new location- and sector-focused approach to drive structural transformation.
Evidence from the COVID-19 pandemic and the global financial crisis.
Policy reforms need to address low financial returns which hamper the contribution of FDI to sustainable development.
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.