id author title date pages extension mime words sentences flesch summary cache txt cord-029160-z2sxr3dx Coveri, Andrea Supply chain contagion and the role of industrial policy 2020-07-14 .txt text/plain 5527 236 46 Therefore, the first channel through which the pandemic has affected the global economy concerns the interruption of the supply chains, hitting what has been identified as the productive heart of the world, that is East Asia, and China in particular (Buckley and Strange 2015) . Unsurprisingly, with the outbreak of the pandemic, this complex global interconnection of production-and the crucial role that the "factory of the world" plays in this context-has prompted part of the economic literature to warn about the need for many countries to promote supplier diversification with the aim of reducing their dependence on imports of intermediate goods from China (Javorcik 2020; Monga 2020). Finally, an industrial policy aimed at strengthening the position of European national industries in the value chains of strategic productions could help reduce the social and economic costs and risks of hyper-specialization. ./cache/cord-029160-z2sxr3dx.txt ./txt/cord-029160-z2sxr3dx.txt