“It can take a while for the delivery bottlenecks to be resolved”

Few people know and understand the world economy as well as Jan-Egbert Sturm (52) from the Netherlands. The economist heads the Economic Research Center (KOF) at ETH Zurich and has been Vice President of the federal government’s Corona Task Force since February 2021. In the video call he answers the most pressing questions about the supply turbulence on the world markets.

View: The global economy has been plagued by delivery bottlenecks for quite a while now. What is the reason for that?
Jan-Egbert Sturm: The problems have two fundamental reasons. On the one hand, many companies shut down production in the pandemic. Switching off is quick and easy, but restarting it is more difficult. Because processes have to be initiated and supply chains have to be reconciled with one another.

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