Unclogging global trade routes will put innovators on the map
Global supply chains are in disarray, with long-term consequences for trade, writes Mark Barnes
07 November 2021 - 00:00
One of the founding principles we learnt in economics 101 is that price is determined where supply and demand intersect (in a free and fair economy). Worldwide, supply chains are in various stages of being stuck in the mud. This phenomenon, certainly compounded, if not solely caused, by the pandemic, may well be temporary, but it could bring about longer-term structural changes to global trade...
There’s never been a more important time to support independent media.
From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.
For just R80 you can become a premium member (digital access) and support a publication that has played an important political and social role in South Africa for over a century of Sundays. You can cancel anytime.
Already subscribed? Sign in below.
Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.