Abstract
This paper analyzes the impact and interaction of environmental and pandemic risks and trade policies on GVCs through literature research, and examines policy implications for this. Just as the impact of environmental and pandemic risks and trade policies on GVCs increases, so does the impact of GVCs on environmental and pandemic risks and trade policies. However, environmental and pandemic risks and trade policies belong to human-generated sources and mechanisms, and if handled well, can be better controlled internally and externally. On the other hand, if these risks and the negative effects of trade policies are not reduced through appropriate measures, the benefits provided by GVCs may also be at risk. Preventive measures against risks help reduce the cost of coping with growing risks. Only international cooperation, reciprocity and transparency can reduce uncontrolled climate change, pandemics and unilateral trade policies.
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