Topic updates
Supply Chain Problems - Update on the UK and Global Economy
3rd October 2021
This BBC news video looks at problems with the global supply chain - and identifies the factors that have contributing to them.
COVID - which has prompted increased demand for good; shipping - and the fragility of the shipping network; labour shortages - notably in the UK and the US. It's an instructive clip.
Here is another article looking at the fragility of the global supply chain, the problems that it's caused and the implications of this for global policymakers, notably the implications for monetary policy, because of high levels of pent-up demand.
That and the possibility of stagflation.
And here is a snapshot of how global supply chain issues are affecting the big six (well, five and Australia!) economies. It seems as though everyone's being affected; it's just that some - not naming names - have been more affected than most. One wonders why that might be.
You might also like
Externalities and the Supply Crunch
8th September 2021
Supply Crunch - The Maths working to solve the supply crisis
13th September 2021
Long term causes of the empty shelves crisis
19th September 2021
Supply Crunch - CO2 shortages threaten meat production and frozen food supplies
19th September 2021
Will the global supply chain process lead to stagflation?
22nd September 2021
Supply Crunch - Inflation to remain higher for two years, warns OECD
22nd September 2021
The Supply Crunch
Topic Videos
Just in Time - why we keep running out of everything
30th January 2022