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.
Evidence from the COVID-19 pandemic and the global financial crisis.
Demand-led industrial strategies can be highly effective, but need to be carefully designed and implemented to avoid possible pitfalls.
Embedding digitalization as part of the wider industrialization strategy can enable developing country firms to climb up the value chain ladder.
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 recovery of supply chains can be supported through trade policies and firm-specific initiatives.