2023 Reports

Reducing the reliance on global value chains by strengthening backward linkages

Abamu, Bamituni Etomi

Global value chains (GVCs) have been impacted by the Covid pandemic, Suez Canal accidental blockage and increasing geopolitical tensions, causing disruptions in raw material and intermediate product supplies. This Perspective presents recommendations to governments for fostering backward linkages within its economy where possible to reduce their exposure to future risks.