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.
Evidence from the COVID-19 pandemic and the global financial crisis.
The localization of mineral-based global value chains and clean energy presents an opportunity for Africa to industrialize.
The potential for bringing production back home crucially depends on local innovation ecosystems.
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.