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Global Value Chains: Efficiency and Risks in the Context of COVID-19

Christine ARRIOLA, Sophie GUILLOUX-NEFUSSI, Seung-Hee KOH, Przemyslaw KOWALSKI, Elena RUSTICELLI, Frank VAN TONGEREN | OECD | 02/11/2021

The policy debate on whether the gains from international specialisation in global value chains (GVCs) outweigh the associated risks of transmission of shocks has intensified in the aftermath of the…

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