Vikram Mansharamani
Lecturer
Harvard University
- The world is facing tectonic change based on existing trends and the impact of the global pandemic.
- The world had already been seeing the results of consumer-led economies, overcapacity in China, the acceleration of technology with more output and less input, the changing nature of work, and older demographics.
- The explosion of supply in energy and less demand will lead to deflationary order.
- Supply chains will also be affected by currency wars, nationalism, and protectionism, which are all on the rise, in addition to COVID-19 lockdowns making some supplies and parts unavailable.
- Global supply chains will be shifting in fundamental ways as a result of the changing environment.
