The existing potential of SMEs remains untapped in most developing countries, including India. In India, most SMEs have a lower share of foreign goods and services to produce exports than larger firms. Moreover, dependent SMEs also have greater integration in terms of imports than independent...

The potential restructuring of global value chains (GVCs) is a widely discussed question in current debates. At the same time, a proper way of capturing these value chains is challenging. This paper focuses on the automotive industry, using detailed data on firm-to-firm transactions in Hungary,...

In addition to the severe health crisis, the Covid-19 pandemic provoked one of the deepest socioeconomic crises in the history of capitalism. Yet, the economic structure of each country and the strength of the welfare state, along with the ability of the diverse governments to cope with the...