Global Value Chains in the Post‐COVID World: Governance for Reliability

By Liena Kano, Chang Hoon Oh. 2020

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Abstract The COVID-19 pandemic has delivered a profound shock to global value chains (GVCs) To date, popular and academic press has predicted significant changes in GVC configurations due to COVID-19 (FT, 2020;Panwar, 2020) It has been argued that the pandemic has illuminated pre-existing underlying fragilities of GVCs (Silverthorne, 2020), and that lead firms are likely to respond by reshoring operations, vertically integrating, and reducing the geographic footprint of their networks

Subfields: Economics and Econometrics, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/2113936c73c1c954a2f5d85f2c221f06cb08e34e