This article considers how policymakers should react to the disruption of Global Value Chains, which became dramatically evident during the pandemic. It argues that repeated shocks to GVCs, as seen in recent years, are not purely random and disjointed events. They are the result of fundamental shifts in the geopolitical environment, global economy, and climate.
School Authors: Claire Squire, Jiehong Lou, Yiyun 'Ryna' Cui, Nathan Hultman, Thomas C. Hilde
Other Authors: Kyle Parker, Lauren Lohff, Molly Schreier, Kriti Shah