The outbreak of the COVID-19 virus and the resulting falls in demand due both to uncertainty and policy interventions such as lockdowns, "social distancing," and travel restrictions are having a severe impact on Asian economies and hence on Asian households. These negative impacts come through a...

Food insecurity has become of increasing concern following the economic downturn during the COVID-19 pandemic and the subsequent sharp rise in inflation, including food price inflation. To better understand the conditions of food insecurity and the impacts of inflation and other drivers of food...

How resilient is your supply chain? The fallout from the COVID-19 pandemic laid bare the vulnerability of global supply chains. One of the main business challenges that firms faced was the lack of end-to-end supply chain visibility, which impacts critical operational decisions. If firms are...

In this paper, we offer a characterization of resilience-enhancing measures. We argue that resilience-enhancing measures are either based on using dedicated resources (referred to as "dedicated resilience levers") or on using shared resources (referred to as "shared resilience levers"). By...

Global supply chains have been growing, but also evolving, for decades. The People's Republic of China (PRC) has been acquiring an increasingly central role in global value chains, but things might be starting to change. The trade war between the United States (US) and the PRC and, especially,...

This paper uses export and import shares of intermediate goods to assess the extent of integration of G20 and non-G20 nations, including least developed countries (LDCs), in global value chains (GVCs). The G20's intermediate trade, especially the imports, recovered fast during and immediately...