Reconfigurations: Convergence or Divergence in ASEAN Economic Integration? by Lau Zheng Zhou and Natasha Tan
The Covid-19 pandemic has exposed a systemic risk within the complex web of global value chains. Factory closures and human movement restrictions in one country will have an impact on another. Many multinational corporations are now considering adopting the China Plus One strategy, diversifying their supply chains out of China to protect against future shocks. The ASEAN region appears to be on the receiving end of these relocations.
Download at https://bit.ly/aseanpostcovid
The Covid-19 pandemic has exposed a systemic risk within the complex web of global value chains. Factory closures and human movement restrictions in one country will have an impact on another. Many multinational corporations are now considering adopting the China Plus One strategy, diversifying their supply chains out of China to protect against future shocks. The ASEAN region appears to be on the receiving end of these relocations.
Download at https://bit.ly/aseanpostcovid