Inputs in Geopolitical Distress: A Risk Assessment Based on Micro Data
After decades of deepening economic integration across nations and regions, spurred by the rise of global value chains, the COVID-19 pandemic and the Russian invasion of Ukraine have srupted international production networks. The size and changing nature of these shocks exacerbate the risk of a reversal of international economic integration, referred to as 'geoeconomic fragmentation.'
Source: nakedcapitalism.com