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.
China’s post-COVID-19 recovery may hold clues to the future of global value chains.
As most countries experience COVID-19 related lockdowns, there are concerns about both the present and the future of global supply chains.
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.
COVID-19 struck at the core of GVC hub regions, with severe implications for international production networks.