Thursday, 14 October 2021

What Is Causing a Global Goods Shortage? | Inside Story

Oct 14, 2021 • A supply chain crisis is threatening to derail the world's economic recovery from the pandemic. New smartphones, toys, clothes, and even Christmas turkeys are among many items failing to reach consumers.

Container ports in the US and Europe are working at full capacity. Manufacturing hubs in China have slowed down output because of power shortages and high commodity prices.

So, what are the solutions?

Presenter: Imran Khan | Guests: Jas Kalra - Assistant Professor in Supply Chain Management, Newcastle University Business School; Dan Wang - Chief Economist, Hang Seng Bank China; Stavros Karamperidis - Lecturer in Maritime Economics, University of Plymouth