Don’t overestimate shifts from globalization to regionalization
An assessment of trends in trade flows and expectations for the future.
An assessment of trends in trade flows and expectations for the future.
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.