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.
Embedding digitalization as part of the wider industrialization strategy can enable developing country firms to climb up the value chain ladder.
Big data can help detecting high-potential export products to support diversification.
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.