VDMAWarning against the compartmentalization of global supply chains
Germany's prosperity is crucially dependent on the international division of labor. The VDMA warns that isolating global supply chains in the wake of the coronavirus crisis will harm everyone.
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<p>The chart shows the real income losses in Germany, the EU and the rest of the world as a percentage. (Note: Average of all affected countries, weighted by GDP. EU without Germany. RoW stands for Rest of the World. Source: IfW-Kiel's own calculations).</p> © IfW graphic