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.
Countries can pick up their pace with policies based on reliable industrial statistics.
Left unaddressed, power asymmetries in the world economy can negatively impact industrialization in the Global South.
Developing countries can use spatial policies to reduce their ecological footprint while simultaneously increasing their competitiveness.
Integration of manufacturing firms in global value chains offers opportunities for countries to raise employment, exports and productivity.
The pandemic is causing massive disruptions to flows of foreign direct investments. Developing countries are likely to be hit the hardest.