Is near-shoring likely to increase after COVID-19?
As European businesses consider bringing their global operations closer to home the Western Balkan region stands to benefit from it.
As European businesses consider bringing their global operations closer to home the Western Balkan region stands to benefit from it.
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.
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.