What Factors Could Drive the Reorganisation of Global Value Chains?

While recent crises have been interpreted as signalling the end of globalisation, trade continues to grow and goods are travelling as far as before. Globalisation is, however, taking on a new form: the composition and geography of trade have changed. These changes are likely to intensify owing to companies’ strategies to secure their supply chains, climate change, various government policies and g... Lire la suite