Trade and Global Value Chains at the Time of Covid-19

被引:6
作者
Pinna, Anna Maria [1 ,2 ]
Lodi, Luca [3 ]
机构
[1] Univ Cagliari, Polit Econ, Dipartimento Sci Econ & Aziendali DSEA, Cagliari, Italy
[2] CRENoS, Cagliari, Italy
[3] Univ Macerata, Quantitat Methods Policy Evaluat, Macerata, Italy
关键词
globalisation; global value chains; Covid-19; protectionism;
D O I
10.1080/03932729.2020.1846278
中图分类号
D81 [国际关系];
学科分类号
030207 ;
摘要
The pandemic we are experiencing is, despite its temporary nature, likely to leave a permanent sign on the global trade system. Measures to contain contagion have revealed the greater vulnerability of firms operating in global value chains (GVCs) and especially those located in first-hit countries. The risk is that production reshuffling made possible by automation will increase, and that nations will see incentives for changing the distribution of manufacturing around the globe. Furthermore, Covid-led trade restrictions may trigger a new wave of protectionism, impacting disproportionately on those countries without the manufacturing capacity to provide their populations with medical products.
引用
收藏
页码:92 / 110
页数:19
相关论文
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