IMF Research Perspective: Fall 21/Winter 22

This issue looks at how the pandemic has affected global supply chains.
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Volume/Issue: Volume 0024 Issue 002
Publication date: February 2022
ISBN: 9798400200649
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Topics covered in this book

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Exports and Imports , Finance , Economics- Macroeconomics , International - Economics , Environmental Economics , Natural Disasters , IMF research perspective , inflation pressure , climate disaster , impact of the pandemic , supply chain disruption , mitigation policy , Trade balance , Natural disasters , Climate change , Imports , COVID-19 , Global

Summary

This issue of the IMF Research Perspective looks at the inter-connectedness of the world economic system and how diverse shocks can affect global supply chains. The articles in this issue track the way COVID-19 triggered disruptions in the supply chain and explains why trade networks are so difficult to disentangle. However, the pandemic is not the only event affecting global supply chains; cross-border spillovers of technology wars and natural disasters are other factors to consider. The overarching message from these articles is clear: there is a need for international cooperation to deal with the consequences of these shocks—whether it is ending the COVID-19 pandemic or mitigating climate change.