WP6 has the objective of identifying the likely GVC New Normal Scenario for Europe. Such a scenario attempts to reflect the tension between long-term global integration based on value chains, on the one hand, and ongoing longer-term challenges, on the other. The latter are generated by changing geo-politics, new strategic orientations of the main global actors affecting international trade policies, policies regarding the environment, as well as the recent experience of the pandemic and the new geo-political issues raised with the conflict in Ukraine.

Starting/End date: February 2024 July 2025

Contributors: wiiw, UCLM, UNIMIB, TBS,