competition success review 2020
competition success review 2020 Published this article As the world grapples with the problem of fragmentation of the supply chain the necessity to restart in whatever manner possible producers may be forced to relocate their sources of supply. An UNCTAD economist P. Fortunato in his study on How Covid-19 is Changing Global Value Chains (September2 2020) observes a trend towards relocation of the GVC (Global Value Chain) in favour of a greater use of local skills and materials. Compelled by the pressures of circumstance we might redevelop production systems of the kind that Gandhiji advocated strongly to promote self-sufficiency. Further experts highlight compulsions to turn to green technology7 . The Confederation of British Industry for instance has urged the government to invest in green technology and jobs8 . In a significant move to ensure sustainability in postCovid scenario the UK government has even announced Green Recovery Challenge Fund9 . Interestingly investment in green technology can unleash a significant multiplier effect with a high employment potential as noted by ILO. competition success review 2020
