How can global demand shocks (including for emergency and medical supplies) be best modelled, accounting for uncertainty?

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

Get in touch with ari.comment@go-science.gov.uk

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


  • Modelling the Impact of the Coronavirus Pandemic on the UK economy

    This proposed project seeks to use and develop NIESR's modelling capability to estimate the short term impact of the coronavirus pandemic on the UK economy, and to assess longer-term issues on how the economic recovery i...

    Funded by: COVID

    Lead research organisation: National Institute of Economic and Social Research

    Why might this be relevant?

    The project aims to model the impact of the coronavirus pandemic on the UK economy, which includes the demand for emergency and medical supplies.

  • Development of new web-based scenario analysis tool to help international trading businesses plan through the COVID pandemic

    The COVID-19 crisis has impacted millions of people in almost every corner of the globe. Together with its impact on public health, the COVID pandemic has detrimentally affected businesses around the UK and indeed aroun...

    Funded by: Innovate UK

    Lead research organisation: AQUAFFIRM LIMITED

    Why might this be relevant?

    The project aims to develop a web-based scenario analysis tool to help businesses plan through the COVID pandemic, which includes modeling global supply-chain disruptions and COVID impacts on markets.

  • 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

    Lead research organisation: University of Nottingham

    Why might this be relevant?

    The project offers immediate data collection and research analysis about the impact of Covid-19 on businesses and the UK economy, which includes modeling the effects of Covid-19 on global demand shocks.

  • 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

    Lead research organisation: University of Oxford

  • AI-powered COVID-19 supplier risk index and demand planning toolkit

    For health systems to better prepare and plan for the months ahead, Vamstar will create a risk-based framework to understand supply chain gaps and the evolving demand at a hospital-level in the UK and EU. Additionally, t...

    Funded by: Innovate UK

    Lead research organisation: VAMSTAR LIMITED

  • 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

    Lead research organisation: University of Hull

  • 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

    Lead research organisation: London School of Economics and Political Science

Similar ARIs from other organisations