Arbeitspapier
Global supply chains: Lessons from a decade of disruption
This paper explores both the character and impact of three recent shocks to global supply chains: the COVID-19 pandemic, the Russian invasion of Ukraine and the US-China trade war.These were large shocks which have had significant impacts on domestic and international supply chains, but these impacts have differed in their longevity, economic impact and policy responses. We show that supply chains were remarkably resilient against shocks of such magnitude. However, this resilience was also achieved thanks to the equally remarkable size and scope of policy responses and global supply chain reorganisation. We recommend that pre-emptive policies may be justified to shield households and industry from future shocks. Given the entangled nature of these shocks and that their effects continue to reverberate, we emphasise the need for extensive future research to understand the nature of these shocks and the effectiveness of policy responses.
- Sprache
-
Englisch
- Erschienen in
-
Series: Bruegel Working Paper ; No. 05/2024
- Klassifikation
-
Wirtschaft
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Moffat, Luca Léry
Poitiers, Niclas
- Ereignis
-
Veröffentlichung
- (wer)
-
Bruegel
- (wo)
-
Brussels
- (wann)
-
2024
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Moffat, Luca Léry
- Poitiers, Niclas
- Bruegel
Entstanden
- 2024
Ähnliche Objekte (12)
Fiscal federalism in crisis: lessons for Europe from the US
Oberpolizeiliche Vorschriften vom 7. April 1897 über die Fleischbeschau für den Regierungsbezirk Mittelfranken
The productivity paradox: Policy lessons from MICROPROD
Eastern European lessons for the southern Mediterranean
Knowledge flows and global value chains
Lessons for Europe from China's quest for semiconductor self-reliance
Knowledge spillovers and geopolitical challenges in global supply chains
How not to create zombie banks: lessons for Italy from Japan
How to improve European Union cohesion policy for the next decade
Squaring the cycle: Financial cycles, capital flows and macroprudential policy in the Euro area
A budget for Europe's monetary union
A new look at net balances in the European Union's next multiannual budget
Fiscal federalism in crisis: lessons for Europe from the US
Oberpolizeiliche Vorschriften vom 7. April 1897 über die Fleischbeschau für den Regierungsbezirk Mittelfranken
The productivity paradox: Policy lessons from MICROPROD
Eastern European lessons for the southern Mediterranean
Knowledge flows and global value chains
Lessons for Europe from China's quest for semiconductor self-reliance
Knowledge spillovers and geopolitical challenges in global supply chains
How not to create zombie banks: lessons for Italy from Japan
How to improve European Union cohesion policy for the next decade
Squaring the cycle: Financial cycles, capital flows and macroprudential policy in the Euro area
A budget for Europe's monetary union
A new look at net balances in the European Union's next multiannual budget
Fiscal federalism in crisis: lessons for Europe from the US
Oberpolizeiliche Vorschriften vom 7. April 1897 über die Fleischbeschau für den Regierungsbezirk Mittelfranken
The productivity paradox: Policy lessons from MICROPROD
Eastern European lessons for the southern Mediterranean
Knowledge flows and global value chains
Lessons for Europe from China's quest for semiconductor self-reliance
Knowledge spillovers and geopolitical challenges in global supply chains
How not to create zombie banks: lessons for Italy from Japan
How to improve European Union cohesion policy for the next decade
Squaring the cycle: Financial cycles, capital flows and macroprudential policy in the Euro area
A budget for Europe's monetary union