Browse

Amid global geopolitical fragmentation, global supply chain (GSC) adjustments have become a key feature. The private sector is typically slow or reluctant to embark on GVC reconfiguration. First, GSC readjustment involves considerable search costs, learning costs, fixed costs, etc. Second, firms often underestimate the GVC disruption risk and the urgency to make readjustments. As a public policy to forge GVC resilience, governments typically require public procurement contractors to assess GSC risk and restructure...

Can foreign intervention in civil wars or proxy wars create a long-term impact on economic exchanges between the foreign intervenors and the intervened state? Could the regions belonging to the two opposing and warring sides in the civil war react differentially to economic exchanges with the foreign intervening powers? We draw on one of the longest and most brutal wars of the second half of the 20th century: the Vietnam War (1955–1975). It involved the United States and the Soviet Union supporting opposing side...