
Global Value Chains Under Pressure: What Future for Them? With Gabriel Felbermayr
The Week That Was in Europe
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Geopolitical Shifts and Global Trade Dynamics
This chapter explores the geopolitical risks introduced by the Russian invasion of Ukraine and the emergence of a political bloc comprising China, Russia, Iran, and North Korea. It also analyzes the impact of these shifts on global trade, firm resilience, and the evolving landscape of sanctions and strategic adaptations.
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