COVID-19, lockdowns and international trade: Evidence from firm-level data
Evidence indicates that Portuguese firms successfully adapted their operations in the face of COVID-19 containment measures.
Evidence indicates that Portuguese firms successfully adapted their operations in the face of COVID-19 containment measures.
The new techno-economic paradigm offers a window of opportunity for latecomer countries to leapfrog into new sectors and industries.
The potential for bringing production back home crucially depends on local innovation ecosystems.
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.