Firms' resilience in a competitive environment

This project aims at exploring - from a meso and macro perspective - the following issues:
1. The ways in which different structures of the GVC shape the transmission mechanism of shocks;
2. The role of financial institutions as a mitigating or accelerating factor in the transmission mechanism of events along the GVC, and therefore, on the territory;
3. How GVCs can be re-designed to make countries/regions more resilient to shock, mitigate the macroeconomic fluctuations they transmit and boost their contribution to growth
and development.
The main scope of the project is to help stakeholders in identifying the areas, sectors, policies to be adopted with the aim of a more sustainable development and a more resilient territory.
Funding: Fondazione Cassa di Risparmio di Pistoia e Pescia.