Continuing to browse our website indicates your consent to our use of cookies. For more information, see our Privacy policy.

Sustainable trade

The post-COVID-19 future for global value chains

Published 13 July 2021

Twenty-first century industrialized economies moved away from domes­tic supply chains toward global value chains (GVCs). However, internationalized production can have adverse effects on domes­tic economies and societies, exemplified when GVCs failed to rise to the unprecedented demands of the early days of the COVID-19 pandemic.

The Covid-19 pandemic has led to considerable setbacks for most aspects of the world economy, with global value chains (GVCs) being no exception. This recent policy brief prepared by the UNDP Regional Bureau for Asia and the Pacific reinforces the value of persisting with GVCs as the predominant model of production and trade. It suggests that the pandemic experience must inform reforms that make GVCs more responsive to technological change and the needs of the socially vulnerable. More must also be done to make supply chains more resilient to future shocks, while ensuring continued trade and investment flows.

Download The post-COVID-19 future for global value chains by UNDP.

© The Hinrich Foundation. See our website Terms and conditions for our copyright and reprint policy. All statements of fact and the views, conclusions and recommendations expressed in this publication are the sole responsibility of the author(s).



As the United Nations lead agency on international development, UNDP works in 170 countries and territories to eradicate poverty and reduce inequality.

Articles by this expert

View bio

Have any feedback on this article?

contact us