Reshaping of global supply chains will take place, but it will not happen fast

被引:13
作者
Javorcik, Beata [1 ,2 ,3 ]
机构
[1] European Bank Reconstruct & Dev, Off Chief Economist, London, England
[2] Univ Oxford, Oxford, England
[3] CEPR, London, England
关键词
global value chains; international trade; COVID-19; INVESTMENT PROMOTION; INTERNATIONAL-TRADE;
D O I
10.1080/14765284.2020.1855051
中图分类号
F [经济];
学科分类号
02 ;
摘要
The COVID-19 pandemic has drawn attention to high dependence of industrialized countries on Chinese suppliers and led to calls for increasing resilience through diversification of supply sources. This article argues that geographic reshaping of global value chains will require substantial flows of foreign direct investment. As such flows are projected to remain subdued in the next few years, reshaping of global value chains will not happen very fast.
引用
收藏
页码:321 / 325
页数:5
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