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chains are rarely global. They are rather regional with three centers. "Factory Europe", "Factory Asia", and "Factory America … position in GVCs at the expense of "Factory Europe" with center in Germany and "Factory America with center in the USA. …
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industry. The research results showed that the COVID-19 pandemic greatly affected the business performance of the textile and …
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This paper examines the impact of the Severe Acute Respiratory Syndrome (SARS) epidemic on China’s trade. Using …
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Recent disruptions to global value chains (GVCs) have raised an important question: Can decoupling from GVCs increase a country’s welfare by reducing its exposure to foreign supply shocks? We use a quantitative trade model to simulate GVCs decoupling, defined as increased barriers to global...
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