1. The Disruption of Global and National Supply Chains--Aspects and Insights.
- Author
-
Maor, Yigal and Eylon, Yuval
- Abstract
The purpose of this paper is to shed light on the strength and significance of global maritime trade in general, and Israeli maritime trade in particular. Furthermore, it seeks to analyze the various disruptions that have affected maritime trade in recent years, including exceptional events such as climate phenomena, the COVID-19 pandemic, and the Swords of Iron war, whose ramifications are only beginning to emerge. In particular, this paper discusses the current disruptions in supply chains due to the Iranian and Houthi attacks on shipping routes in the Red Sea. These disruptions indicate numerous weak points in the stability and operation of global supply chains, which are crucial for the national economies and security of numerous countries, particularly Israel. Over the past three years, the world has experienced a series of extreme events that have significantly affected various aspects of life, especially the global economy. This paper examines these events and their repercussions on global geo-logistics--the distribution of supply chains according to level and type. Additionally, it includes a description and analysis of Israeli foreign trade, specifically highlighting the import processes and the types of cargo that have been affected by the disruptions during the period in question. Israel's grain imports, which are vital for the country both in normal circumstances as well as during emergencies, are used as a case study. Furthermore, the paper also surveys the operational conditions, including challenges faced in the ports of origin of the various cargoes and recent challenges within this market. [ABSTRACT FROM AUTHOR]
- Published
- 2024