Skeptical forecast for supply chains

Not only Covid is to blame, when goods are missing. By setting trade barriers, politics had no small part in the current trade disruptions. IfW Kiel highlights the reasons for the current supply chain problems – and gives a somewhat pessimistic forecast for 2022.

What was perceived as „supply chain disruptions“ at the beginning of the pandemic is now a permanent state. Goods arrive late or are not available at all for weeks and months. The economy is short of parts, causing intermediate and final products to be unfinished, which in turn are missing elsewhere.

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