IMF Research Perspective

Download or read book IMF Research Perspective written by International Monetary and published by International Monetary Fund. This book was released on 2022-02-22 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: This issue of the IMF Research Perspective looks at the inter-connectedness of the world economic system and how diverse shocks can affect global supply chains. The articles in this issue track the way COVID-19 triggered disruptions in the supply chain and explains why trade networks are so difficult to disentangle. However, the pandemic is not the only event affecting global supply chains; cross-border spillovers of technology wars and natural disasters are other factors to consider. The overarching message from these articles is clear: there is a need for international cooperation to deal with the consequences of these shocks—whether it is ending the COVID-19 pandemic or mitigating climate change.