WORKINGPAPERISSUE04/202404MARCH2024GLOBALSUPPLYCHAINS:LESSONSFROMADECADEOFDISRUPTIONLUCALÉRYMOFFATANDNICLASFREDERICPOITIERSThispaperexploresboththecharacterandimpactofthreerecentshockstoglobalsupplychains:theCOVID-19pandemic,theRussianinvasionofUkraineandtheUS-Chinatradewar.Thesewerelargeshockswhichhavehadsignificantimpactsondomesticandinternationalsupplychains,buttheseimpactshavedifferedintheirlongevity,economicimpactandpolicyresponses.Weshowthatsupplychainswereremarkablyresilientagainstshocksofsuchmagnitude.However,thisresiliencewasalsoachievedthankstotheequallyremarkablesizeandscopeofpolicyresponsesandglobalsupplychainreorganisation.Werecommendthatpre...
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