Made in America or making America pay?
Alternatives to industrial policy for semiconductor supply chain resilience.
Alternatives to industrial policy for semiconductor supply chain resilience.
Why building future resilience requires a delicate balance between increased flexibility, efficiency and welfare advantages of GVCs.
The potential for bringing production back home crucially depends on local innovation ecosystems.
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.