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In February 2022, Peter S. Goodman, writing in The New York Times, argued that returning to the pre-COVID-19-pandemic global supply chain was seen as "unlikely" in 2022. [21] India, the United States, and Brazil are hardest hit in the supply chain with significant shortages of many different product categories.
In March 2021, the restrictions on global supply-chain caused a great impact on Dubai's business activities, which were struggling to recover from the impact of the COVID-19 pandemic. The IHS Markit compiled Dubai's Purchasing Managers’ Index that rose to 51 from 50.9 in February 2021, saving from landing in the contraction zone by only one ...
The shock of the war in Ukraine and China's zero-COVID policy continues to signal that the pandemic supply chain woes are far from being done. Supply chains: 'This pandemic is not over,' Citi exec ...
Many countries saw their highest inflation rates in decades. It has been attributed to various causes, including pandemic-related economic dislocation, supply chain disruptions, the fiscal and monetary stimulus provided in 2020 and 2021 by governments and central banks around the world in response to the pandemic, and price gouging.
Supply chain disruptions have made the cost of building materials about 30 percent higher than they were before the pandemic. The pandemic sent supply chains into overdrive. Ida recovery efforts ...
(Bloomberg Opinion) -- This is one of a series of interviews by Bloomberg Opinion columnists on how to solve today’s most pressing challenges. This conversation has been edited and condensed ...
As these initial shortages were gradually remedied throughout 2020/2021, a second group of shortages emerged, afflicting industries dependent on global supply chains, affecting everything from automobiles to semiconductors to home appliances, in part due to China's determination to eliminate COVID-19 from its population by enforcing stringent ...
The book discusses the Global Value Chains (GVC) framework, pioneered by Gereffi in the mid-1990s and early 2000s. It focuses on how buyer-driven supply chains, led by retailers and global brands, shifted production in many international industries to low-cost developing economies. The GVC framework revolves around "governance" (supply chain ...