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.
Identifying and leveraging trade, investment and industrial policies that can attract and retain intangible capital.
Left unaddressed, power asymmetries in the world economy can negatively impact industrialization in the Global South.
Effective place-based policies need to deliver desired spatial economic cohesion while minimizing resource waste and secondary distortions.
The region’s high labour and capital costs present a serious challenge to its competitiveness.
The pandemic is causing massive disruptions to flows of foreign direct investments. Developing countries are likely to be hit the hardest.