The future of global value chains in the post-pandemic world
Countries must rethink innovation and investment policy measures to enable long-term sustainability.
Countries must rethink innovation and investment policy measures to enable long-term sustainability.
While public interventions are crucial, global transformation requires the deep engagement and alignment of the private sector.
Policy reforms need to address low financial returns which hamper the contribution of FDI to sustainable development.
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.
COVID-19 struck at the core of GVC hub regions, with severe implications for international production networks.