Global Trade - Bezhan Azam

The Evolution of Global Value Chains

Abstract This paper evaluates the adjustment of the global value chains (GVCs) after COVID-19, with a focus on resilience building within existing chains, selective reshoring, and geographic diversification. The author first discusses the pre-pandemic idea that GVC participation increases efficiency and then explains how the pandemic dual supply-demand shock revealed the vulnerabilities. The paper argues, […]

Exploring the Significance of the Red Sea and Suez Canal in Global Trade and Supply Chains Amidst Geopolitical Tensions

Leave a Comment / Global Trade, Logistics, Procurement, Supply Chain /

Introduction The Red Sea has long held historical significance as a vital maritime route connecting Asia with Africa, Europe, and the American continent (Bordering Countries: Egypt, Saudi Arabia, Yemen, Sudan, Eritrea, and Djibouti). The major ports on the Red Sea are Jeddah Islamic Port, Port of Sudan, Port of Djibouti, Port of Massawa Eritrea, Yanbu

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