Tuesday, 4 January 2022

Liberty Street Economics: A New Barometer of Global Supply Chain Pressures

  
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LIBERTY STREET ECONOMICS


 

A New Barometer of Global Supply Chain Pressures

 

Gianluca Benigno, Julian di Giovanni, Jan J. J. Groen, and Adam I. Noble

 

Supply chain disruptions have become a major challenge for the global economy since the start of the COVID-19 pandemic. Several measures have been used to gauge these disruptions, although those measures tend to focus only on selected dimensions of global supply chains. In this post, the authors propose a new gauge, the Global Supply Chain Pressure Index (GSCPI), which integrates a number of commonly used metrics with an aim to provide a more comprehensive summary of potential disruptions affecting global supply chains.

 

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