The Urgency of the Topic of IA for Sweden
Eskil Ullberg,
Leif Edvinsson () and
Carol Yeh-Yun Lin
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Eskil Ullberg: George Mason University
Leif Edvinsson: New Club of Paris
Carol Yeh-Yun Lin: National Chengchi University
Chapter Chapter 8 in Intangible Asset Gap in Global Competitiveness, 2021, pp 77-78 from Springer
Abstract:
Abstract The most recent challenge of trade does not come from economics, geopolitics or the environment but nature itself. The COVID-19 virus has shown how incredibly vulnerable the economic system has become, relying on “just-in-time”, weak international institutions that do not enforce international rules, like WTO. It lays bare the weakness of these institutions, some only 20 years old. A reform is needed. This makes the creation of options necessary meaning regional trade or even intra country-trade. Just-in-time protocols showed that most “fat” was taken out of supply chains and some redundancy is needed. Calls for de-globalization rises with the prospect of lesser global specialization and thereby growth.
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbrcp:978-3-030-55666-2_8
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DOI: 10.1007/978-3-030-55666-2_8
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