The Covid-19 Pandemic and the Future of Global Value Chains (GVCs)

This review synthesises the literature from academic, policy, knowledge and business institution sources

From:
Foreign, Commonwealth & Development Office
Published
23 July 2021
Document Type:
Thematic Summary
Theme:
Health
First published:
14 September 2020
Authors:
Quak, E

Abstract

The Covid-19 pandemic has shown the importance of a better understanding of GVCs in relation to epidemic outbreaks. The literature also mentions that there is now an opportunity for building inclusive and sustainable GVCs. This rapid review synthesises the literature from academic, policy, knowledge and business institution sources on the discourse on reshaping Global Value Chains (GVCs) as a result of the current Covid-19 pandemic and how GVC support programmes might have to adapt to the 鈥渘ew normal鈥�. This review concludes that lead firms in GVCs could decide to diversify suppliers, reshore (near-shore) production closer to demand or intensify linkages with existing suppliers.

This report was prepared for the UK Government鈥檚 Foreign, Commonwealth and Development Office (FCDO) and its partners in support of pro-poor programmes

Citation

Quak, E. (2020). The Covid-19 pandemic and the future of Global Value Chains (GVCs). K4D Helpdesk Report No. 874. Brighton, UK: Institute of Development Studies.

Updates to this page

Published 23 July 2021
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