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Slow easing of lockdowns better for global supply chains: Study
TIWN
TIWN
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London, June 3 (TIWN) A cautious approach to easing lockdown restrictions that reduces the risk of later lockdowns may be better for the global supply chain in the long run, say researchers.
The study, published in the journal Nature Human Behaviour, comprehensively assessed potential global supply chain effects of Covid-19 lockdowns, modelling the impact of lockdowns on 140 countries, including countries not directly affected by Covid-19.
“Our study shows the ripple effects caused by lockdowns along global supply chains, with countries not directly affected by Covid-19 still experiencing heavy economic losses,” Study lead author Dabo Guan from University College London (UK) and Tsinghua University, China.
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