Globalisation is an important source of efficiency gains, contributing to boost economic growth, improve income, and enhance well-being worldwide.
The COVID-19 pandemic has re-ignited the debate around the pros and cons of globalisation, and the world economy is currently faced with a potential major reconfiguration.
In this context, the EU is updating its industrial strategy to increase Europe’s self-sufficiency in strategic sectors, boost its own industry and assert its economic power. By acknowledging the richness of this analytical approach, the purpose of this article is to transpose EU’s methodology to the Portuguese case to gain a country specific perspective that improves the understanding of common versus specific challenges and vulnerabilities of the Portuguese economy vis-à-vis EU’s economy.
Specifically, we reproduce the proposed key performance indicators for the 14 industrial strategic ecosystems at the EU level for Portugal and we apply the EC methodology to identify strategic dependencies at the national level.