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COVID-19 Pandemic-Related Supply Chain Disruptions and Impacts on the Global Economy
Abstract
Humanity and the business world have had a very challenging period in the last two years due to unprecedented disease outbreaks. In December 2019, a novel infectious respiratory disease was found in Wuhan, Hubei Province, China. This disease affected almost all industries and all countries, regardless of developed or developing. The pandemic caused supply chain disruptions around the globe. In this study, the author presented the supply chain disruptions in detail caused by the COVID-19 pandemic, which is a specific type of disruption factor, and showed their global economic impacts. Country- and industry-specific cases and examples are examined. In addition, the measures that have been taken by the government authorities to alleviate the global economic impact of the pandemic are discussed.
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