Skip to main content Accessibility help
×
Hostname: page-component-78c5997874-dh8gc Total loading time: 0 Render date: 2024-11-18T16:15:54.932Z Has data issue: false hasContentIssue false

13 - On Covid-19, Global Supply Chains, and Geopolitics

from Part III - Postscript on Covid-19

Published online by Cambridge University Press:  07 May 2021

Etel Solingen
Affiliation:
University of California, Irvine
Get access

Summary

As all chapters were being readied for submission, Covid-19 erupted furiously in early 2020, compelling the effort to incorporate the pandemic’s initial effects on GSCs, the trade and technology war, and international relations within East Asia, in real time. Chapter 13 is, therefore, a postscript distilling findings from Parts I and II prior to Covid-19 while addressing the latter’s early effects on the chapters’ respective arguments. It then analyzes the strategies GSCs have embarked on in response to both geopolitical and pandemic shocks, building largely on preliminary 2020 survey data. Covid-19 accelerated the cumulative impact of geopolitical shocks and rising inward-oriented hyper-nationalist models, making GSCs more vulnerable than at any time since their initial expansion in the 1990s. Their ongoing restructuring and efforts to reduce overreliance on China suggest a potential decline in China’s status as factory of the world relative to the past, but hardly its demise. Migration out of China and reshoring remain more the anomaly than the norm for now. There is still uncertainty, however, as to whether geopolitics, technological competition, and the legacy of Covid-19 could unleash even more sizable disruptions in the global geography of production.

Type
Chapter
Information
Publisher: Cambridge University Press
Print publication year: 2021

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×