Global supply chains in the pandemic

TL;DR: The authors survey the developing and rapidly growing literature on the economic consequences of COVID-19 and the governmental responses, and synthetize the insights emerging from a very large number of studies.

TL;DR: This study identifies factors contributing to container shortages at Tanjung Priok Port, Jakarta, including congestion, lockdowns, trade imbalances, and demand-supply imbalances, and recommends container repositioning as an effective solution to mitigate the shortage.

TL;DR: In this article, the impact of COVID-19 and the relevant government response policies on exchange rate volatility in 20 countries during the period of January 13, 2020 to July 21, 2020 by using system GMM estimation.

TL;DR: In this article, the authors analyzed the supply-side disruptions associated with Covid-19 across firms and workers and found that lower-paid workers, especially female workers with young children, were significantly more affected by these disruptions.

TL;DR: This paper developed a dynamic multi-country general equilibrium model to investigate forces acting on the global economy during the Great Recession and ensuing recovery, and applied the model to 21 countries, investigating the 29 percent drop in world trade in manufactures during 2008-2009.

TL;DR: This article assess the empirical importance of changes in income and relative prices for structural transformation in the postwar United States and find that with final expenditure income effects are the dominant force behind structural transformation, whereas with value-added categories price effects are more important.

TL;DR: In this article, the authors quantified the spillover effect of exogenous shocks such as earthquakes on other firms through the supply chain network and examined firms' sales growth and transaction relationships outside the tsunami-hit areas before and after the Great East Japan Earthquake.

TL;DR: In this article, the authors quantified the spillover effect of exogenous shocks such as earthquakes on other firms through the supply chain network and examined firms' sales growth and transaction relationships outside the tsunami-hit areas before and after the Great East Japan Earthquake.