What effect does COVID-19 have on business models and supply chain structure? How does the renewed focus on shortening or regionalisation vary by sector?

Background

COVID-19 has posed a major economic shock, disrupting trade flows, stretching supply chains, and challenging international organisations that uphold systems of global governance as well as broader perceptions of international openness. Beyond immediate policy responses, evidence should support long-term recovery and economic security within the global rules-based system.

Next steps

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Source

This question was published as part of the set of ARIs in this document:

DIT Areas of research interest 2020 to 2021 GOVUK

Related UKRI funded projects

  • The Economic Linkages of Covid-19 Across Sectors and Regions in the UK

    The COVID-19 pandemic has affected different countries and regions differently both in the severity and the number of cases. Therefore, different regions within countries may require different policies to effectively add...

    Funded by: COVID

    Why might this be relevant?

    The project aims to understand the impact of COVID-19 on business models and supply chain structure, and provides specific questions that it wants to answer related to the topic.

  • Simulating the economic impacts of crises using large-scale firm-level production network data

    The COVID-19 pandemic and vast natural disasters revealed how the complex interactions of firms' supply chain relations can amplify the economic damages of crises. Swiftly implementing targeted economic recovery packages...

    Funded by: Horizon Europe Guarantee

    Why might this be relevant?

    The project specifically focuses on simulating the economic impacts of crises, including the COVID-19 pandemic, on business models and supply chain structure.

  • Understanding the impact of the Covid-19 crisis on UK manufacturing and identifying priorities for renewal through innovation

    This project seeks to address and mitigate the social and economic impacts of the COVID-19 pandemic on the UK manufacturing industry. The pandemic could have a shattering effect on UK manufacturing. There is an urgent ne...

    Funded by: COVID

    Why might this be relevant?

    The project seeks to understand the impact of the COVID-19 crisis on UK manufacturing and identify priorities for renewal, which includes analyzing the effects on manufacturing supply chains.

  • REshaping Supply CHAins for Positive social impact (ReSChape)

    The aims of this proposal are: • To analyse social, economic and environmental changes and disruptions (including covid) and evaluate their impact on SCs, identifying related challenges in terms of relationship between c...

    Funded by: Horizon Europe Guarantee

  • Manufacturing beyond Brexit, Covid-19 and the War in Ukraine

    Sectors like automotive and aerospace have taken a series of hits from the impacts of Covid-19 (supply chain disruption, cancelled orders, chip shortages, labour shortages etc). These have come on top of the impacts of B...

    Funded by: ESRC

  • The Real-Time Economic Effects of Covid-19 in the United Kingdom

    This project will examine the microeconomic impacts of the Covid pandemic and lockdown on UK businesses and its interaction with the UK's decision to leave the European Union. The project will deliver two key outputs, ...

    Funded by: COVID

  • Covid19 pandemic and the resilience of European-South Asian apparel production networks: Implications for firms and workers in moments of crisis

    The world economy has become increasingly reliant on the organisation of global supply chains, with industries such as apparel leading the way. However, the Covid-19 pandemic made visible many of the key vulnerabilities ...

    Funded by: ESRC

  • COVID-19: Measuring the effects of Covid-19 on businesses and the UK economy

    This proposal, coordinated by the University of Nottingham under the umbrella of the Economic Statistics Centre of Excellence (ESCoE), offers immediate data collection and research analysis about the impact of Covid-19 o...

    Funded by: COVID

    Why might this be relevant?

    The project specifically focuses on measuring the effects of Covid-19 on businesses and the UK economy, including supply chain impacts, which directly addresses the question.

  • MultiLateral Thinking - Coriolis Technologies

    **Vision** - COVID-19 will change the nature of trade and impact the UK's economic performance, trade strategy/policy and global position. WTO forecasts global trade will fall 30% due to COVID-19\. COVID-19 places unique...

    Funded by: Innovate UK

  • ReImagining Supply Chains Network Plus (RiSC+)

    The UK government has set out a strategy to enhance our national security and the UK's resilience to a rapidly changing world. This has reached new levels of urgency in the wake of repeated systematic shocks from financi...

    Funded by: BBSRC