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.
Substantive progress is needed on specific sustainable industrialization indicators.
Inertia is not an option for small and medium enterprises (SMEs).
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.
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.