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.
Substantive progress is needed on specific sustainable industrialization indicators.
Countries can pick up their pace with policies based on reliable industrial statistics.
Inertia is not an option for small and medium enterprises (SMEs).
Global value chains (GVCs) are experiencing a de-globalization and decoupling trend, and determining its impacts on trade systems and industry status is key.
Advances in production technology and a trend towards shorter supply chains make a return to “business as usual” highly unlikely.
The pandemic-induced crisis will have severe impacts on household incomes and industries in the region and requires swift policy actions.
The recovery of supply chains can be supported through trade policies and firm-specific initiatives.