Scientific paper
Vulnerability and resilience: crisis transmission channels for GVCs in COVID times
Amirah El-Haddad and Chahir Zaki
2023
#The Middle East and North Africa
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.
