COVID-19 in the Global Production Network

Ben Charoenwong

Chapter 20 in Impact of COVID-19 on Asian Economies and Policy Responses, 2021, pp 147-149 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Not only do firms around the world rely on many Asian companies for crucial supplies, Asian countries also represent a substantial component of global demand. An October 2019 report by the International Monetary Fund shows Asia represented 70.9% of global economic growth in 2019, with China alone contributing 39% and India contributing around 16%. Both countries are important supply chain sources for companies all around the world.

Keywords: COVID-19; Pandemic; Coronavirus; Lockdowns; Supply Shock; Demand Shock; Financial Distress; Global Value Chain; Global Supply Chains; Public Policy; International Trade; Debt; Post-COVID-19; Liquidity Crisis; International Trade; Policy Response; Policy Uncertainty; Public Health; Big Data; Pandemic Dilemma (search for similar items in EconPapers)
JEL-codes: F02 F4 H12 I15 I18 (search for similar items in EconPapers)
Date: 2021
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