Arbeitspapier

The global logistic chain under siege in a post-Covid era

Based on historical analogies, we emphasize a connection between financial crises and technological shifts where the shift calls for a structural economic transformation. We discuss how political pressures related to this structural transformation pave the way for the return of a new form of Mercantilism. This time it is the competition for high-tech jobs that drives politicians to be more nationalistic. Our conclusion is that the race for jobs in a period of technology shift, coupled with experimental efforts by central banks, will lead to the need for a post-covid 19 reorganization of international companies' global logistics chain. The current pandemic will act as a catalyst to this very transformation.

Language
Englisch

Bibliographic citation
Series: IFN Working Paper ; No. 1404

Classification
Wirtschaft
Central Banks and Their Policies
Trade and Labor Market Interactions
Multinational Firms; International Business
International Lending and Debt Problems
Financial Crises
Subject
Global logistic chain
Post-Covid era
State aid
Technology shift
Job creation

Event
Geistige Schöpfung
(who)
Oxelheim, Lars
Randøy, Trond
Event
Veröffentlichung
(who)
Research Institute of Industrial Economics (IFN)
(where)
Stockholm
(when)
2021

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Oxelheim, Lars
  • Randøy, Trond
  • Research Institute of Industrial Economics (IFN)

Time of origin

  • 2021

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