COVID-19, lockdowns and international trade: Evidence from firm-level data
Evidence indicates that Portuguese firms successfully adapted their operations in the face of COVID-19 containment measures.
Evidence indicates that Portuguese firms successfully adapted their operations in the face of COVID-19 containment measures.
Global trade has proved to be less vulnerable than many initially feared and may help drive the recovery.
Advanced digital production technologies are changing manufacturing and carry implications for the future of industrial development.
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.