The role of the global supply chains in the COVID-19 pandemic and beyond
As most countries experience COVID-19 related lockdowns, there are concerns about both the present and the future of global supply chains.
As most countries experience COVID-19 related lockdowns, there are concerns about both the present and the future of global supply chains.
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.