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.
Evidence indicates that Portuguese firms successfully adapted their operations in the face of COVID-19 containment measures.
The potential for bringing production back home crucially depends on local innovation ecosystems.
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.