Wirtschaftspolitischer Beitrag
Risk, resilience and recalibration in global value chains
VoxEU.org, 07.01.2021
Autoren
Erscheinungsdatum
JEL Classification
F10
F60
Schlagworte
Asien
China
Europa
USA
Unternehmen
Schwellen-& Entwicklungsländer
Globalisierung
Wachstum
Internationaler Handel
The Covid-19 pandemic has exposed the fragility of the global trade network underpinning global value chains. Initial disruptions in the supply chains for key medical goods due to surges in demand and newly erected trade barriers have prompted policymakers around the world to question their country’s reliance on foreign suppliers and international production networks. This column takes a closer look at China’s post-pandemic recovery and argues that its response may hold clues to the future of global value chains.
