The semiconductor chip crisis: How we got here
Implications and long-term management of the semiconductor shortage.
Implications and long-term management of the semiconductor shortage.
Global value chains (GVCs) are experiencing a de-globalization and decoupling trend, and determining its impacts on trade systems and industry status is key.
The diaspora can support the country’s diversification and foster its economic integration into global value chains.
The potential for bringing production back home crucially depends on local innovation ecosystems.
China’s post-COVID-19 recovery may hold clues to the future of global value chains.
Advances in production technology and a trend towards shorter supply chains make a return to “business as usual” highly unlikely.
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.