COVID-19: Expanding access to essential supplies in a value chain world

Some governments have responded to shortages of medical supplies by imposing export
controls and requisitioning domestic suppliers. This chapter examines several recent
examples where restrictions and confiscations actually made it harder, not easier, to
get vital equipment to healthcare professionals. The authors argue that such policies
have and will continue to backfire because they impede the operation of international
supply chains that are today a critical element of all nations’ manufacturing capacity.
One policy lesson is that governments should work with industry to put in place systems
to identify and address supply-chain bottlenecks that affect production and trade in
essential equipment.