De-Globalisation? Global Value Chains in the Post-COVID-19 Age

Antràs, Pol

doi:10.3386/w28115

Cited by 187 publications

(140 citation statements)

References 68 publications

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“…It is clear that manufacturing has held up much better in economies with higher levels of automation (correlation: +0.88). This is consistent with the argument that offshoring and automation are substitutes (Antràs, 2020). Why are some societies more open to automation than others?…”

Section: Duke University Usasupporting

confidence: 88%

De-globalization and Decoupling: Game Changing Consequences?

Witt

Välikangas

et al. 2021

Manag. Organ. Rev.

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1. What are the most salient contextual forces driving the trend toward de-globalization and global decoupling (e.g., geopolitical conflicts, GVCs or global supply chains, reshoring and relocation of manufacturing hubs, software development, electronic payment, platformization, and ecosystems)? 2. How can multinational enterprises (MNEs) headquartered in liberal democracies or state capitalist systems best adapt and respond to these emerging dynamics?

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Section: Duke University Usasupporting

confidence: 88%

De-globalization and Decoupling: Game Changing Consequences?

Witt

Välikangas

et al. 2021

Manag. Organ. Rev.

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“…It is interesting that, although the COVID-19 crisis impact was designated as negative or extremely negative in all regions, the most severe adverse impact was recorded in the most developed (Belgrade) and most underdeveloped (South and East Serbia) parts of the country, while the remaining two regions (Vojvodina and Central and West Serbia) experienced more moderate adverse effects. The uneven pandemic impact is related to the regional economic structure of manufacturing and service companies 1 .…”

Section: Impact Of the Covid-19 Crisis On Business Operations Of Smes In Serbiamentioning

confidence: 99%

Impact of the COVID-19 crisis on SMEs and possible innovation responses

Paunović¹,

Aničić²

2021

Ekonomika preduzeća

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The aim of this paper is to analyze the impact of the COVID-19 crisis on the business operations of small and medium-sized enterprises (SMEs) in Serbia as well as to identify the best ways to overcome the crisis effects and stimulate further SME growth. On a sample of 689 SMEs in Serbia, in the present paper we study the impact of the COVID-19 crisis on both the overall business of firms and certain aspects of their business (demand, logistics, organization of business activities, collection of trade receivables, and access to financing). The results of our research suggest that the crisis effects vary across the SME sector depending on the business activity, size, region an SME operates in, and the extent of achieved business digitalization and networking during the pandemic. Lastly, based on the effects of the COVID-19 crisis on the business operations of SMEs in Serbia and taking into account the experiences of other economies with the COVID-19 crisis as well as the lessons learned from previous crises, in this paper we highlight the significance of innovation and possible innovation responses of SMEs to the crisis effects as the ways to overcome it.

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“…They will also want to improve their preparedness for the next crisis, even if that involves a paradigmatic change from 'just-in-time' supply models to shorter and safer, if costlier, value chains. While globalisation has sunk too deep in national economies to be uprooted, political considerations now have greater leeway to slow it down than at any time in the last decades (Antràs 2020). This process is likely to play out against a backdrop of increased international tensions, as the economic disruption brought about by the pandemic has exacerbated a number of pre-existing dynamics of disaggregation.…”

Section: Covid-19 As a Systemic Shockmentioning

confidence: 99%

Navigating a Covid World: The European Union’s Internal Rebirth and External Quest

Alcaro

Tocci

2021

The International Spectator

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The world on which Covid-19 has unleashed its destructive force is one where the partly supranational and multilateral-minded EU is ill at ease. The pandemic has devastated economies across the world and exacerbated pre-existing dynamics of growing geopolitical rivalry and the declining clout of multilateral regimes and practices. The EU's response to the Covid shock has been twofold: on the one hand, it has embarked on a new integration effort, with the contours of a 'transfer union' emerging for the first time in EU history; on the other hand, it has failed to use the crisis to advance its strategic autonomy agenda. The reason for this dichotomy is that, while the severity of the Covid emergency has shifted public and elite attitudes towards economic solidarity, the lingering commitment to the US has worked as a brake on a similar trend in European foreign policy preferences.

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De-Globalisation? Global Value Chains in the Post-COVID-19 Age

Cited by 187 publications

References 68 publications

De-globalization and Decoupling: Game Changing Consequences?

De-globalization and Decoupling: Game Changing Consequences?

Impact of the COVID-19 crisis on SMEs and possible innovation responses

Navigating a Covid World: The European Union’s Internal Rebirth and External Quest

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