A way forwardGlobal supply chains are extremely

But a reconfiguration of GVCs is inevitable.A way forwardGlobal supply chains are extremely complex, and no sector or country is an island.But GVCs follow the principle of efficiency. They are the result of businesses sourcing the best possible inputs to meet their production needs at the lowest cost wherever those inputs come from.This is good news for globalisation’s survival. While efficiency remains the main target, businesses will continue to shop globally.Concerns about an overreliance on complex GVCs are justified in the case of products related to national security, such as medical supplies.

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