Are global value chains really resilient? Lessons from the Covid-19 pandemic and the war in Ukraine
Venue: online (Zoom). Registration here.
Come and join CBS Sustainability and Center for Business and Development Studies for our next webinar in the series Big Questions Little Time - Webinars on Sustainable Development:
“Are global value chains really resilient? Lessons from the Covid-19 pandemic and the war in Ukraine” featuring Gary Gereffi, Director, Global Value Chains Center, Duke University, Durham, NC / USA.
Global supply chains have become a pervasive feature of daily life since the onset of the COVID-19 global pandemic in early 2020. However, the vulnerabilities created by supply-chain fragmentation have been an aspect of national security concerns due to the rise of economic nationalism, fraying geopolitical alignments, and trade wars since at least 2016. This presentation explores what global value chain (GVC) resiliency means in a post-pandemic world. A starting point is to recognize that resiliency is a multidimensional concept that has different meanings at three levels: the firm (operational efficiency vs. risk management); global industries or GVCs (appropriate governance structures and various diversification options); and countries (national security plus economic, social, and environmental priorities). COVID-19 medical supplies will be used to illustrate how resiliency dynamics vary at the product level, and the Russian military conflict with Ukraine is highlighting how global supply chains can be weaponized at the multilateral level. A few policy options for creating more resilient supply chains post-pandemic will be discussed.
Find more information about the talk and the speaker, and sign up, on the Registration site.
Read more about the webinar series Big Questions, Little Time here.
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