A firm-level perspective on industrial resilience in a crisis
The significance of industrial capabilities for robustness to the pandemic crisis.
The significance of industrial capabilities for robustness to the pandemic crisis.
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.
The region’s high labour and capital costs present a serious challenge to its competitiveness.
Automation and reshoring mitigate risks. Industrial policies aiming to reduce dependence on global supply chains could accelerate the trend.