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Vulnerability and resilience: crisis transmission channels for GVCs in COVID times

Author

Listed:
  • Amirah El-Haddad

    (German Institute of Development and Sustainability (IDOS), Cairo University and ERF)

  • Chahir Zaki

    (University of University of Orléans and Laboratoire d''Economie d''Orléans)

Abstract

Firms that are part of GVCs are better protected from the transmission channels for the negative effects of COVID-19. They also show greater resilience and so better performance. There are nuances in the results depending on whether GVC affiliation is defined in a moderately lax or strict way. The results highlight the detrimental effect of the global trend toward inward looking protectionism.

Suggested Citation

  • Amirah El-Haddad & Chahir Zaki, 2023. "Vulnerability and resilience: crisis transmission channels for GVCs in COVID times," Economics Bulletin, AccessEcon, vol. 43(4), pages 1581-1592.
    • Handle: RePEc:ebl:ecbull:eb-23-00265
    as

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    File URL: http://www.accessecon.com/Pubs/EB/2023/Volume43/EB-23-V43-I4-P137.pdf
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Global Value Chains (GVC); manufacturing; Egypt; COVID;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • F5 - International Economics - - International Relations, National Security, and International Political Economy

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