The The COVID-19 from the perspective of global value chains: effects and implications
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The emergence of the COVID-19 pandemic in 2020 is the main challenge faced by modern societies since the Second World War, affecting many areas of their existence. Beyond the international disparity in the degree of prioritisation by governments of the implementation of measures aimed at ensuring the survival and health of people, there is a difficult challenge to minimise the economic impact derived from the context of the pandemic crisis. This paper analyses the effects and implications of the COVID-19 in the context of advanced globalisation, in which many economic activities are involved in global value chains because of international fragmentation of production.
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