The Russian assault on the Ukraine has not only caused immense human tragedy, but is also likely to have long-lasting effects on the global trading order.
Implications of a Post-War Economic Order for Global Supply Chains
Institut der deutschen Wirtschaft (IW)
The Russian assault on the Ukraine has not only caused immense human tragedy, but is also likely to have long-lasting effects on the global trading order.
Moreover, trust in the reliability of global value chains has been further eroded—just two years after the beginning of the COVID-19 crisis and the resulting severe disruptions to supply chains it caused. In addition, the rise of geopolitical tensions with China has also contributed to a reconsideration of trade links and supply chain dependencies. While many of the repercussions are still to materialize in the future and are thus highly uncertain, some explorative thinking about possible long-term changes is warranted at this point in time. The following is a monograph prepared by several members of the Global Trade and Innovation Policy Alliance (GTIPA) on how the Ukraine conflict will shape global supply chains and impact their countries specifically and the global economy more broadly. It shares the views and perspectives of the authors and not necessarily those of other members of the GTIPA.
Implications of a Post-War Economic Order for Global Supply Chains
Institut der deutschen Wirtschaft (IW)
Handel mit Globalem Süden: Deutschland stagniert, China und Russland expandieren
China dominiert den Handel mit den wichtigsten Ländern des Globalen Südens. Zwischen 2019 und 2023 stieg der Handel Chinas mit dem Globalen Süden stark um 47 Prozent auf über 1,9 Billionen US-Dollar an, sodass die EU und die USA als wichtigste Handelspartner ...
IW
Not so Different?: Dependency of the German and Italian Industry on China Intermediate Inputs
On average the German and Italian industry display a very similar intermediate input dependence on China, whether accounting for domestic inputs or not.
IW