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The COVID-19 pandemic is now expected to trigger the worst economic downturn since the Great Depression. Many argue it could unravel globalization altogether. Globalization relies on complex links – global value chains (GVCs) – that connect producers across multiple countries. These producers often use highly specialised intermediate goods, or “inputs”, produced by only one distant, […]
The post Coronavirus won’t kill globalization – but a shakeup is coming appeared first on NetworkTigers News.
Coronavirus won’t kill globalization – but a shakeup is coming. First published on News.NetworkTigers, the NetworkTigers news and information publication.