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Reshaping the policy debate on the implications of COVID-19 for global supply chains

Disruptions in global supply chains in the context of the COVID-19 pandemic have re-opened the debate on the vulnerabilities associated with production in complex international production networks. To build resilience in supply chains, several authors suggest making them shorter, more domestic, and...

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Autor principal: Miroudot, Sébastien
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Palgrave Macmillan UK 2020
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7548406/
http://dx.doi.org/10.1057/s42214-020-00074-6
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author Miroudot, Sébastien
author_facet Miroudot, Sébastien
author_sort Miroudot, Sébastien
collection PubMed
description Disruptions in global supply chains in the context of the COVID-19 pandemic have re-opened the debate on the vulnerabilities associated with production in complex international production networks. To build resilience in supply chains, several authors suggest making them shorter, more domestic, and more diversified. This paper argues that before redesigning global supply chains, one needs to identify the concrete issues faced by firms during the crisis and the policies that can solve them. It highlights that the solutions that have been proposed tend to be disconnected from the conclusions of the supply chain literature, where reshoring does not lead to resilience, and could further benefit from the insights of international business and global value chain scholars. Lastly, the paper discusses the policies that can build resilience at the firm and global levels and the narrative that could replace the current one to reshape the debate on the policy implications of COVID-19 for global supply chains.
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spelling pubmed-75484062020-10-14 Reshaping the policy debate on the implications of COVID-19 for global supply chains Miroudot, Sébastien J Int Bus Policy Commentary Disruptions in global supply chains in the context of the COVID-19 pandemic have re-opened the debate on the vulnerabilities associated with production in complex international production networks. To build resilience in supply chains, several authors suggest making them shorter, more domestic, and more diversified. This paper argues that before redesigning global supply chains, one needs to identify the concrete issues faced by firms during the crisis and the policies that can solve them. It highlights that the solutions that have been proposed tend to be disconnected from the conclusions of the supply chain literature, where reshoring does not lead to resilience, and could further benefit from the insights of international business and global value chain scholars. Lastly, the paper discusses the policies that can build resilience at the firm and global levels and the narrative that could replace the current one to reshape the debate on the policy implications of COVID-19 for global supply chains. Palgrave Macmillan UK 2020-10-12 2020 /pmc/articles/PMC7548406/ http://dx.doi.org/10.1057/s42214-020-00074-6 Text en © Academy of International Business 2020 This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic.
spellingShingle Commentary
Miroudot, Sébastien
Reshaping the policy debate on the implications of COVID-19 for global supply chains
title Reshaping the policy debate on the implications of COVID-19 for global supply chains
title_full Reshaping the policy debate on the implications of COVID-19 for global supply chains
title_fullStr Reshaping the policy debate on the implications of COVID-19 for global supply chains
title_full_unstemmed Reshaping the policy debate on the implications of COVID-19 for global supply chains
title_short Reshaping the policy debate on the implications of COVID-19 for global supply chains
title_sort reshaping the policy debate on the implications of covid-19 for global supply chains
topic Commentary
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7548406/
http://dx.doi.org/10.1057/s42214-020-00074-6
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