Navigating Geopolitical Shocks: Comparative Strategies of the Visegrád 4 and Indonesia in Global Value Chains
Journal: Central European Journal of International and Security Studies
Year: 2024

This paper explores the influence of geopolitical events on global value chains, particularly focusing on the Visegrád 4 countries (Czechia, Hungary, Poland and Slovakia) and Indonesia. The objective is to analyse how these semi-peripheral nations, which are more susceptible to geopolitical shocks, navigate their vulnerabilities and policy options. The methodology includes a comparative analysis of two case studies: the effects of the Russian invasion of Ukraine on commodity value chains and the