Page 21 - En-38

ELITE

Supply chains crisis: The dark side of

economic globalization

Mustafa Ahmed - Level 4 - Political Science

On the 13th of October, President Joe Biden A crisis so severe that it will not be solved
announced that he would direct the Los without full cooperation between decision

Angeles port to operate at full capacity to ease makers around the world.
the crowding inside it. He held meetings with If you have been following politicians'
major shipping companies as FedEx, major statements lately, you will find that this
commercial chains as Target, truck drivers and catastrophe can be traced back to the same

labor associations to oblige them to fasten the reason; the supply chain crisis.
transportation and uploading of goods to Supply chains are the best way to deliver goods
combat one of the gravest economic crises. A and services in shorter time, with better quality
crisis so serious that it made the largest and cheaper price from and to anywhere in the

economy in the world suffer from severe world. They appeared with the first produced
shortage in the offered products. and sold commodity. They also form an
The UK has also been suffering from an essential part of production and distribution.
extreme shortage in energy supplies as well as a For instance, we have a small commodity such

rise in their prices. Which led PM Boris Jonson as a loaf of bread. So, all the levels starting
to pledge to take strong procedures to face that from wheat cultivation till reaching its final
crisis. form are called a supply chain, including
Dubai, one of the world's largest logistical transportation, production, etc... That is why, if

cities announced that it is not going to receive there is an error at any level, it can and
container ships for a week to be able to reduce probably will affect the rest.
ship crowding that has reached 70 ships. The world post-Corona has become quite
International organizations' reports as the different than before. And with the appearance

International Bank Group and the FAO have of the different vaccines, the wheel of
showed that the world is currently facing an international trade gradually began to turn once
unprecedented crisis. more.

20