The semiconductor chip crisis: How we got here
Implications and long-term management of the semiconductor shortage.
Implications and long-term management of the semiconductor shortage.
Global value chains (GVCs) are experiencing a de-globalization and decoupling trend, and determining its impacts on trade systems and industry status is key.
A sociotechnical approach offers a framework for understanding the various facets and interactions of the industry.
While public interventions are crucial, global transformation requires the deep engagement and alignment of the private sector.
Advances in production technology and a trend towards shorter supply chains make a return to “business as usual” highly unlikely.
Innovation can provide swift remedies to the COVID-19 linked recession. Policy should contain incentives to innovate in the long-term.
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.