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The Implications of the COVID-19 Pandemic on the Global Supply Chains

المصدر: مجلة القادسية للعلوم الإدارية والاقتصادية
الناشر: جامعة القادسية - كلية الادارة والاقتصاد
المؤلف الرئيسي: Abdul-Hussain, Ali Salim (Author)
مؤلفين آخرين: Sahib, Miami Salal (Co-Author)
المجلد/العدد: مج24, ع3
محكمة: نعم
الدولة: العراق
التاريخ الميلادي: 2022
الصفحات: 791 - 804
ISSN: 1816-9171
رقم MD: 1338888
نوع المحتوى: بحوث ومقالات
اللغة: الإنجليزية
قواعد المعلومات: EcoLink
مواضيع:
كلمات المؤلف المفتاحية:
COVID-19 Pandemic | The Global Supply Chains | The Goods and Services | The World Trade
رابط المحتوى:
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المستخلص: In fact, the global supply chains are the key element in managing to flow the goods, data, the money that related to products or services, by processing the raw materials to deliver the product to its last destination, through contributing the transition from the informal to the formal economy. Whereas we found more than half of the imports of the manufacturing industry in the world are “intermediate goods”, and more than 70% of the imports of services in the world are “intermediate services”, so, after the outbreak of the COVID-19 pandemic, the movements of goods and services between different countries, exports and imports were paralyzed, that formed a supply and demand shock and a drop in GDP, which affected and disrupted global supply chains in some countries, as well stopping production and its engines in some industries, logistics services, and made the global economy seriously injured and severe consequences affecting all societies and individuals. Where is the pandemic diffusing ? It quickly crossed borders, causing a global health crisis and a global economic shock that hit the most vulnerable. Which led to the emergence of semi-fragile supply and supply chains, which may be due to the concentration of some global industries in a particular country and the monopoly of some countries on some other industries, on basis of that (low labor costs) in developing countries, which aim to become more integrated into international production networks that contributes to global supply chains, but faces challenges in other aspects. When it comes to imported industrial media, we noted that the dominance of China, as China is really the workshop of the world, it is central to the entire global trade and production network. Manufacturing inputs from China constitute more than 3.6% In light of the problems caused by the pandemic, a discussion has already begun about the future of “supply chains”, and this future will be largely related to the future of economic globalization, given the strong relationship between the two.

ISSN: 1816-9171