| Description |
1 online resource (26 pages) : illustrations, color portraits |
| Contents |
Executive summary: the challenges of a new era. -- Strategic uncertainty in action: two case studies. -- Recommendations for an uncertain world. -- 1. Introduction. -- 2. Strategic uncertainty and shifting GVC risks. -- Sources of strategic uncertainty. -- Shifting risks to global value chains. -- Protectionist pressures and aggressive trade policy. -- Political risks. -- Supply-chain security. -- Unexpected shocks and the COVID-19 pandemic. -- 3. Case studies. -- A. ROK-Japan trade dispute and its impact on semiconductor supply chains. -- B. Reshoring: The COVID-19 pandemic and global supply-chain disruptions. -- 4. Policy recommendations. -- 5. Further research |
| Summary |
The COVID-19 pandemic has brought into sharp focus the challenges of disruption to global value chains (GVCs) for the policy community. In a new era of strategic uncertainty driven by US-China decoupling, trade and supply-chain protectionism, as well as unexpected shocks like the ongoing pandemic, governments and firms alike face new pressures on value chains for industries crucial to both economic competitiveness and national security. This paper examines the key drivers of strategic uncertainty and analyzes the increasing stresses and shifting risks they create. It concludes by prescribing actionable recommendations for both the governments and private sectors of the United States and its allies and partners as they navigate this uncharted territory to secure national security at acceptable economic cost. The report illustrates these new risks via two real-world case studies: the ROK-Japan trade dispute and its impact on semiconductor value chains, and the worldwide supply-chain disruption caused by the COVID-19 pandemic |
| Notes |
"November 2020." |
| Bibliography |
Includes bibliographical references |
| Notes |
Online resource; title from PDF title page (Atlantic Council, viewed December 3, 2020) |
| Subject |
Business logistics -- Strategic aspects
|
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International trade -- Strategic aspects
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National security.
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COVID-19 (Disease) -- Economic aspects -- Case studies
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COVID-19 (Disease) -- Economic aspects.
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International economic relations.
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National security.
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| SUBJECT |
United States -- Commerce -- Strategic aspects
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United States -- Commercial policy -- Strategic aspects
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Korea (South) -- Foreign economic relations -- Japan -- Case studies
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Japan -- Foreign economic relations -- Korea (South) -- Case studies
|
| Subject |
Japan.
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Korea (South)
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United States.
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| Genre/Form |
Case studies.
|
| Form |
Electronic book
|
| Author |
Dohner, Robert, author
|
|
Herr, Trey, author
|
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Atlantic Council of the United States, publisher.
|
| ISBN |
9781619771390 |
|
161977139X |
|
