We hear a lot these days about the need to guarantee the security of global supply chains
(GVCs) across a number of critical sectors. This is most visible in the automotive industry.
Car manufacturers all over the world are halting or reducing their production due to a
shortage in semiconductor components that are essentials nowadays for a modern car. As
these shortages may not dissipate that quickly, industry experts and national governments
are considering various responses to address the security of automotive supply chains.

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