Any update on Global Value Chains' trends?
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Local Economic Development
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17 November 2021
While firms and governments may have different assessment on some aspects of supply-chain management and different tools to address them, some risks are shared and are most efficiently addressed in a co-ordinated fashion. For example, governments can work jointly with firms on improving risk preparedness by identifying the range of potential threats to essential activities, mapping the local and international players involved in some essential logistic chains, collecting and sharing information on potential concentration and bottlenecks upstream, or by developing stress tests for essential supply chains (including non-discriminatory criteria for robustness of supply chains for essential goods subject to government procurement).
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