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.
A new location- and sector-focused approach to drive structural transformation.
Industrial rezoning is an attractive alternative to traditional policies promoting development through the urban migration of workers.
Effective place-based policies need to deliver desired spatial economic cohesion while minimizing resource waste and secondary distortions.
The new techno-economic paradigm offers a window of opportunity for latecomer countries to leapfrog into new sectors and industries.