Made in America or making America pay?
Alternatives to industrial policy for semiconductor supply chain resilience.
Alternatives to industrial policy for semiconductor supply chain resilience.
As most countries experience COVID-19 related lockdowns, there are concerns about both the present and the future of global supply chains.
Integration of manufacturing firms in global value chains offers opportunities for countries to raise employment, exports and productivity.
The pandemic-induced crisis will have severe impacts on household incomes and industries in the region and requires swift policy actions.
Automation and reshoring mitigate risks. Industrial policies aiming to reduce dependence on global supply chains could accelerate the trend.