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Amirah El-Haddad and Chahir Zaki |
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''Vulnerability and resilience: crisis transmission channels for GVCs in COVID times'' |
( 2023, Vol. 43 No.4 ) |
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Firms that are part of GVCs are better protected from the transmission channels for the negative effects of COVID-19. They also show greater resilience and so better performance. There are nuances in the results depending on whether GVC affiliation is defined in a moderately lax or strict way. The results highlight the detrimental effect of the global trend toward inward looking protectionism. |
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Keywords: Global Value Chains (GVC), manufacturing, Egypt, COVID |
JEL: F1 - Trade: General F5 - International Relations and International Political Economy: General |
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Manuscript Received : Jun 13 2023 | | Manuscript Accepted : Dec 30 2023 |
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