The Road Back: Our Global Supply Chain Crisis

Medientyp: E-Book

Titel: The Road Back : Our Global Supply Chain Crisis

Beteiligte: Shteynberg, Emily [Verfasser:in]; Brady, Ethan [Verfasser:in]; Sultana, Faiza [Verfasser:in]; Bishop, Landon [Verfasser:in]; Kolachina, Varun [Verfasser:in]; Bhalala, Darsh [Verfasser:in]; Photiades, Eliot [Verfasser:in]; Chopra, Agrim [Verfasser:in]; Batra, Meera [Verfasser:in]; Gregory, David [Verfasser:in]

Erschienen: [S.l.]: SSRN, 2022

Umfang: 1 Online-Ressource (20 p)

Sprache: Englisch

DOI: 10.2139/ssrn.4148774

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Anmerkungen: Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 28, 2022 erstellt

Beschreibung: Supply chain disruptions have reverberated in higher prices and shortages among even the most basic commodities, from poultry to consumer electronics to generic drugs and renewable energy. A halt in production along with an immense worker layoff stemming from the COVID-19 pandemic has resulted in ships stranded at sea, a shortage of truck drivers, and ultimately a sharp rise in inflation rates. The impact of the supply chain disruption is global. 15 of the 34 countries classified as advanced economies by the International Monetary Fund's World Economic Outlook had 12-month inflation rates above 5% through December 2021, a jump which had not been seen for 20 years. With the crisis expected to last for many more months, it is necessary to analyze and assess the impacts that have already transpired as well as what could be in store for the near future. This research paper examines the economic causes and implications of the ongoing supply chain crisis, as well as provides prospective short and long-term solutions

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