Saving globalization? Global value chains in East Asia after the pandemic
Globalization has been key to the growth of China and East Asia in the last thirty years. However, COVID-19 has generated a wave of pessimism over the prospects of globalization. Many have argued that the pandemic is likely to shorten or restructure global value chains (GVC) as governments and multinational enterprises are pressured to bring production home or closer to home, so as to increase resilience and diversity of supply. Click to read more>>
Hoe Ee KHOR is Chief Economist at ASEAN+3 Macroeconomic Research Office (AMRO). He oversees AMRO’s work on macroeconomic and financial market surveillance of its member economies, which comprise 10 members of the Association of Southeast Asian Nations (ASEAN) and China (including Hong Kong), Japan and South Korea. Click to read more>>
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