Causes and Consequences of Global Supply Chain Disruptions: A Theoretical Analysis

Supply chains lack global resilience and break down in the face of multi-country disruptions due to crises. The impact of Supply Chain Disruptions (SCD) has become all too familiar across the world: shortages, inflation, factory closures, goods waiting at ports to be unloaded, etc. They weaken macroeconomic indicators, hamper economic growth, and impact national security. Over the past five years, the world has seen many crises that have rattled global markets, beginning with the US-China trade war in 2018. This was followed by the Covid19 pandemic, the blockage of the Suez Canal, environmental issues, and the ongoing Russia-Ukraine war. The combination of these events has abruptly frozen global economic activities by restricting and hindering the Global Supply Chain Networks (GSCN). This paper provides an in-depth analysis of the causes of these disruptions and their widespread global economic consequences.

National Identity Complexities: Genesis of Russian-Ukraine Conflict

The Russian invasion of Ukraine has dealt another blow to the world which was slowly recovering from the impact of Covid-19. Global economies were just beginning to make a turnaround, hoping to recover from supply chain disruptions and boost trade activities. However, the Ukraine crisis dealt a blow to trade activities by creating a food and energy crisis. Moreover, this war has put more pressure on the North Atlantic Treaty Organization (NATO) and European economies, especially Germany, which are majorly dependent on Russian supplies of gas and oil. This paper provides an in-depth analysis of the genesis of the Russia-Ukraine crisis from the question of national identity complexities in Ukraine's nation-building process. It covers all the major events in the bilateral relations between Russia and Ukraine until invasion and provides an in-depth analysis of what led to this impasse.

Sri Lanka's Economic and Political Crisis: Causes and Consequences

2022 has brought many shocks and surprises to the world. Even as nations across the globe were recovering from the Covid-19 pandemic, Russia invaded Ukraine causing a devastating geopolitical turmoil. Closer home in South Asia, Pakistan faced a political setback and elected a new prime minister, while Sri Lanka is facing its worst economic crisis in more than 70 years. In fact, Sri Lanka's economic woes are not new. The crisis has been festering for years, until it started unraveling in the beginning of 2022. The ensuing chaos has deeply affected its citizens, which ultimately led to political turmoil and violence. It is difficult to predict the future state of affairs in the island nation, since a new political regime has recently taken charge. This paper aims to extensively analyze the economic crisis, mainly focusing on the reasons for the sad state of affairs, such as mismanagement by successive governments and ill-timed economic and trade policies, including China's investment fallout.