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.
Left unaddressed, power asymmetries in the world economy can negatively impact industrialization in the Global South.
As most countries experience COVID-19 related lockdowns, there are concerns about both the present and the future of global supply chains.
Integration of manufacturing firms in global value chains offers opportunities for countries to raise employment, exports and productivity.
The pandemic is causing massive disruptions to flows of foreign direct investments. Developing countries are likely to be hit the hardest.
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.