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.
An assessment of trends in trade flows and expectations for the future.
Global value chains (GVCs) are experiencing a de-globalization and decoupling trend, and determining its impacts on trade systems and industry status is key.
Why building future resilience requires a delicate balance between increased flexibility, efficiency and welfare advantages of GVCs.
The potential for bringing production back home crucially depends on local innovation ecosystems.
Advances in production technology and a trend towards shorter supply chains make a return to “business as usual” highly unlikely.
Innovation can provide swift remedies to the COVID-19 linked recession. Policy should contain incentives to innovate in the long-term.