VoxEU Webcast
Covid-19: Bringing Industry Back
Although nationalists often talk about bringing industry home, the modern economy is based more around the idea of global value chains. The European value chain model works well for participating countries and in the current crisis even seemingly largely self-sufficient countries such as the United States are found to be reliant on external sources for some medical and other supplies.Sergei Guriev is speaking at the CEPR / PIIE webinar: Containing the economic nationalist virus through global coordination, held 15 April 2020.
