How COVID-19 disrupted the global Supply Chain
The arrival of the Covid-19 global pandemic has threatened to overturn the global economy
For the past half a century or so, world commerce has evolved to the point where interconnectedness has given truth to the term globalism. Indeed, more than two-thirds of all global trade passes through what are known as Global Value Chains (GVC). Under this system, international production is broken down into components and tasks, which are typically conducted across vast geographic spaces and in different countries.