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.
Integration of manufacturing firms in global value chains offers opportunities for countries to raise employment, exports and productivity.
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.