Is the COVID-19 Pandemic Recasting Global Value Chains in East Asia?
Yamashita, Nobuaki; Fukassaku, Kiichiro | July 2021
This paper assesses how the current COVID-19 pandemic is shaping global value chains in East Asia after the formidable disruptions inflicted by the health crisis. Some have expressed the view that global value chains would readjust and production processes would move home, i.e. reshoring, facilitated by the recent movement of protectionism measures in the post-pandemic world. We evaluate such concerns and examine the role of policy with a focus on non-tariff measures in East Asia.
CitationYamashita, Nobuaki; Fukassaku, Kiichiro. 2021. Is the COVID-19 Pandemic Recasting Global Value Chains in East Asia?. © Economic Research Institute for ASEAN and East Asia. http://hdl.handle.net/11540/13914.
Regional Economic Integration
Economies in transition
Gross domestic product
Global supply chains
Economic development projects
Success in business
Communication in economic development
Restraint of trade
International economic integration
Wages and labor productivity
Efficiency wage theory
Black marketShow allCollapse