The Covid-19 pandemic has led to major disruptions to local and global value chains (GVCs), with consequences for businesses, consumers and the global economy. At the same time, the crisis has brought the complexity of international production fragmentation and the dependence on global supply chains into the spotlight.
GVCs have proven to be highly important, even in times of crisis.
Understanding the international fragmentation of production and the patterns of global value chain networks is not only relevant to comprehend business realities. It also offers an appropriate framework to assess and inform trade, development and investment policies that can promote competitiveness and allow firms to reap opportunities in entering or diversifying participation in global value chains.
The below diagnostic briefs present original analysis and deep dives on several topics, with a focus on the Southern and Eastern Mediterranean (SEMED) region.