Skip to main navigation Skip to main content Skip to page footer

Policy Article

Risk, resilience and recalibration in global value chains

VoxEU.org, 07.01.2021

Authors

  • Görg
  • H.
  • Liu
  • W.-H.
  • Šerić
  • A.
  • Windisch
  • M.

Publication Date

JEL Classification

F10 F60

Key Words

China

COVID19

Global Value Chains

recalibration

resilience

Resilienz

risk

trade

Related Topics

Asia

China

Europe

USA

Companies

Emerging Markets & Developing Countries

Globalization

Growth

International Trade

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.

Kiel Institute Experts

  • Prof. Holger Görg, Ph.D.
    Research Director
  • Dr. Wan-Hsin Liu
    Kiel Institute Researcher

More Publications

Topics

  • 02.02.2018

    man on street

    China

  • 02.02.2018

    View over cargo ship deck with containers

    International Trade

  • 02.02.2018

    Colorful flags of European countires in front of an official EU building.

    Tension within the European Union

Research Center

  • Research Center

    12.03.2018

    Trade