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.
Globalization has been key to the growth of China and East Asia in the last thirty years.
While the capital management operation’s downfall may not end up being a “Lehman 2.0,” bankers and financial regulators aren’t naïve enough to think they were the only firm taking such a risky path.
The pandemic exposed the vulnerabilities of global value chains (GVCs) as lockdowns disrupted supply lines across economies. However, the ASEAN+3 region remains a prime location for GVC investment post-pandemic.
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Home to 30% of the world’s population, the ASEAN+3 region accounts for only 3% of the total number of confirmed COVID-19 cases globally.
On March 26, Archegos Capital Management (ACM), a US private investment firm, defaulted on its margin calls.
Ms Indranee Rajah, Minister in the Prime Minister’s Office and Second Minister for Finance and National Development, Singapore, delivers the opening remarks at the Global Value Chains in the Post-Pandemic “New Normal” webinar organized by AMRO.
The post-pandemic world calls for more globalization, not less. The pandemic exposed the vulnerabilities of global value chains (GVCs), as lockdowns around the world disrupted supply lines across economies.
The COVID-19 pandemic has intensified debate about the future reconfiguration of global value chains (GVCs) because of the massive disruptions to global supply chains and the accelerated adoption of digital…
Presentation for the ASEAN+3 Regional Economic Outlook 2021.