And this is despite the ongoing second lockdown. In this light, the RRF is important to Lithuania not so much as an immediate relief measure, but as a tool for long-term economic transformation over the upcoming years and even decades. Indeed, we need to think strategically of the post-pandemic world.
At least three major forces will be shaping our future – shifts in supply chains, digitalisation and climate change. Our investment strategies will have to accommodate these trends. First, the pandemic has, at least partly, provided an impulse to reverse globalisation. Vulnerabilities related to global value chains have been exposed.