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Covid-19 and Industry: Is the Crisis Leading to the Dismantling of Global Supply Chains?

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  • Nicolas Bunde

Abstract

The coronavirus pandemic brought industrial production in Germany to a partial standstill in 2020. A number of companies were unable to maintain production due to a lack of intermediate products. Border closures and plant shutdowns in partner countries meant that intermediate products did not arrive in Germany at all or only with delays. At the same time, the abrupt drop in demand also brought production to a standstill in some sectors.

Suggested Citation

  • Nicolas Bunde, 2021. "Covid-19 and Industry: Is the Crisis Leading to the Dismantling of Global Supply Chains?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 74(01), pages 54-57, January.
    • Handle: RePEc:ces:ifosdt:v:74:y:2021:i:01:p:54-57
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    File URL: https://www.ifo.de/DocDL/sd-2021-01-bunde-branchen-dialog-industrie.pdf
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    1. Felbermayr Gabriel & Görg Holger, 2020. "Die Folgen von Covid-19 für die Globalisierung," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 21(3), pages 263-272, September.
    2. Kolev, Galina V. & Obst, Thomas, 2020. "Die Abhängigkeit der deutschen Wirtschaft von internationalen Lieferketten," IW-Reports 16/2020, Institut der deutschen Wirtschaft (IW) / German Economic Institute.
    3. Lisandra Flach & Marina Steininger, 2020. "Effects on Foreign Trade," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(07), pages 17-23, July.
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    1. Jan Rymarczyk, 2022. "Transformation of Transnational Corporations’ Supply Chains as a Result of the Fourth Industrial Revolution and the COVID-19 Pandemic," Sustainability, MDPI, vol. 14(9), pages 1-15, May.
    2. Thomas Puls & Werner Olle & Heike Proff & Oliver Falck & Nina Czernich & Johannes Koenen & Florian Herrmann & Wolfgang Beinhauer & Stefan Reindl & Alexander Wottge & Roman Zitzelsberger & Ilka Horstme, 2021. "Structural Change in the Automotive Industry – Is the Pandemic Acting as an Accelerator?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 74(05), pages 03-35, May.

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