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The Financial Impact And Measures Imposed By The Covid-19 Pandemic On Supply Chains

Author

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  • Culiță Gica Gherghina

    (Constantin Brancoveanu University, Pitesti)

Abstract

As globalisation has increased, the world™s supply chains have become substantially more interconnected. Moreover, as emerging market economies have steadily come to account for a greater proportion of global GDP, goods often have more stages to pass through before reaching the end consumer. From national lockdowns to closed airspace and borders, Covid-19 has resulted in unprecedented disruption to the mechanics of most economies, regardless of their size or stage of development. In particular, the erection of these barriers has placed a major strain on the world™s supply chains, including essential linkages relating to food and medicines. The global economy is facing slow growth, high global uncertainty and dangers on different levels and all that should prompt policy makers to act in order to revive the global economy. Adressing measurments needed, as this paper presents the situation from past year and perspectives.

Suggested Citation

  • Culiță Gica Gherghina, 2021. "The Financial Impact And Measures Imposed By The Covid-19 Pandemic On Supply Chains," Management Strategies Journal, Constantin Brancoveanu University, vol. 51(1), pages 43-49.
    • Handle: RePEc:brc:journl:v:51:y:2021:i:1:p:43-49
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    More about this item

    Keywords

    COVID -19; world economy; economic measurements; supply chains; international trade;
    All these keywords.

    JEL classification:

    • F - International Economics
    • F01 - International Economics - - General - - - Global Outlook
    • F16 - International Economics - - Trade - - - Trade and Labor Market Interactions

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