Jake Mulcahy

A portrait of the UK’s global supply chain exposure By Rebecca Freeman, Tomas Key, Jeremy Martin, Jake Mulcahy and Angelos Theodorakopoulos. 1: Introduction Global supply chains (GSCs) have become a major feature of economies worldwide over recent decades. GSCs are loosely defined as the splicing up of different stages of the production process across multiple countries.

By Rebecca Freeman, Tomas Key, Jeremy Martin, Jake Mulcahy and Angelos Theodorakopoulos. Global supply chains (GSCs) are an important feature of modern trade. They have brought major benefits, including increased productivity, income, and living standards. But their risks have become more prominent in recent years as major global shocks, coupled with supply chain complexity, have led to disruption, particularly during the pandemic and its aftermath.

Ahead of the European Central Bank raising interest rates next week for the first time in over a decade, Jake Mulcahy explains why authorities in Europe have been slower to tighten monetary policy than in America To paraphrase Karl Marx, a spectre is haunting the rich world – the spectre of inflation. As the pandemic has receded from view, governments and central banks are grappling with the fastest rates of inflation in decades left in its wake.