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The Covid-19 Pandemic and the Future of Global Value Chains (GVCs)

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posted on 2024-09-05, 21:26 authored by Evert-jan Quak
The Covid-19 pandemic has shown the importance of a better understanding of GVCs in relation to epidemic outbreaks. The literature also mentions that there is now an opportunity for building inclusive and sustainable GVCs. This rapid review synthesises the literature from academic, policy, knowledge and business institution sources on the discourse on reshaping Global Value Chains (GVCs) as a result of the current Covid-19 pandemic and how GVC support programmes might have to adapt to the “new normal”. This review concludes that lead firms in GVCs could decide to diversify suppliers, reshore (near-shore) production closer to demand or intensify linkages with existing suppliers.

Funding

FCDO (Foreign, Commonwealth and Development Office)

History

Publisher

Institute of Development Studies

Citation

Quak, E. (2020). The Covid-19 pandemic and the future of Global Value Chains (GVCs). K4D Helpdesk Report No. 874. Brighton, UK: Institute of Development Studies.

Series

K4D Helpdesk Report 874

Version

  • VoR (Version of Record)

IDS Item Types

Helpdesk

Copyright holder

© Crown copyright 2020

Language

en

Project identifier

Default project::9ce4e4dc-26e9-4d78-96e9-15e4dcac0642::600

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    K4D COVID-19 Resources

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