Supply Chains Survived COVID-19 (Fukunari Kimura, JIIA)

  • Despite widely-shared concern about their fragility, supply chains survived the COVID-19 shocks. In particular, the sophisticated international production networks (IPNs) in East Asia centered on machinery industries proved again to be robust and resilient.
  • Although the US-China confrontation and geopolitical tension generate policy uncertainty in the trading regime, actual decoupling has so far been limited in scope. China continues to be an important economic partner for a wide range of businesses in Japan, the US, and other countries.
  • Governments in ASEAN and East Asia must reduce policy risks as far as possible by defending the rule-based trading regime and help improve business environments for extending and deepening robust and resilient IPNs.

The Japan Institute of International Affairs (jiia.or.jp)

Marco Emanuele
Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

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