How the COVID-19 will redefine the Global Supply Chains

The spread of the COVID-19, that began in December 2019, reveals the increasingly fragility of the international trade in the globalization era. The current crisis combines both a global health pandemic and the fragility of our economies built up over the last 30 years. International organizations have warned that the COVID-19 will have negative impacts on the global economy. The recent report of the United Nations Conference on Trade and Development (UNCTAD, 2020) noted that there are clear indications that things will get much worse for developing economies before they get better.