Small and medium enterprises' resilience and viability in turbulent times
Inertia is not an option for small and medium enterprises (SMEs).
Inertia is not an option for small and medium enterprises (SMEs).
Demand-led industrial strategies can be highly effective, but need to be carefully designed and implemented to avoid possible pitfalls.
While public interventions are crucial, global transformation requires the deep engagement and alignment of the private sector.
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.