The COVID-19 pandemic has spread to almost every nation impacting the trade of resources and commodities. Supply chains and distribution channels have been damaged or forced to change because of the virus. There have been shortages of goods including food, protective equipment, and toilet paper due to supply issues. The world has been faced with the effects of a globalized economy in which manufacturing has been exported to regions afar. Vital supplies for a pandemic such as masks and gloves are only produced in certain regions of the globe, making the response to such diseases more challenging. A globalized trade system directly increases environmental issues related to the production of greenhouse gases from transportation. Lessons must be learned from this pandemic in order to attempt to fix the structural trade problems that threaten our environment and national security.
Continue reading “Time for change: COVID-19’s fracturing of the global supply chain”