Global Trade Disruptions and Supply Chain Vulnerabilities: Economic Consequences of Geopolitical Tensions

Authors

  • Pooja Thakral Assistant Professor in Economics Panjab University Constituent College, Distt. Ferozepur

Keywords:

Global Trade Disruptions, Supply Chain Vulnerabilities, Geopolitical Tensions, Economic Consequences

Abstract

in light of intensifying geopolitical tensions, the potential economic fallout from interruptions in international trade and weaknesses in the supply chain. Both established and developing economies are impacted by the disruptions in global commerce and supply chains caused by geopolitical crises, trade wars, and political instability in today's more linked globe. what kind of economic inefficiencies, increased costs, and market uncertainty result from these kinds of disturbances. The effects of trade disruptions on important industries including energy, technology, and manufacturing through case studies and economic models. It then assesses the long-term consequences on global economic growth, investment trends, and international trade agreements. While geopolitical conflicts may generate short-term economic shocks that cause disruptions, the findings imply that changes in global economic power dynamics, regionalisation of supply chains, and adjustments in trade patterns may be long-term effects. possible approaches to reducing supply chain risks, such as expanding product lines, developing new technologies, and implementing policies to strengthen international trade networks. The research concludes that in order to deal with the ever-changing geopolitical landscape, a new international trade structure is required, one that places an emphasis on resilience, security, and joint strategic planning.

References

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Published

2023-03-21

How to Cite

Pooja Thakral. (2023). Global Trade Disruptions and Supply Chain Vulnerabilities: Economic Consequences of Geopolitical Tensions. Universal Research Reports, 10(1), 259–262. Retrieved from https://urr.shodhsagar.com/index.php/j/article/view/1532

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Section

Original Research Article