Towards a new post-pandemic global production geography: The reorganization of global value chains

The last three decades have been characterized by growth in international production as a result of major changes in the strategies of transnational corporations. Thanks to technological advances and geopolitical and economic changes, they have deployed complex production networks to boost their efficiency, taking advantage of cost and productivity differences between countries. While growth of these forms of production organization has stagnated since the 2008–2009 global financial crisis, they are still at the heart of the globalization process. The very factors that brought the growth caused this trajectory change by exerting pressure in the opposite direction.

Sustainable Development Goals:

Decent Work and Economic Growth