Economic Impact
Supply Chain , Workforce & Innovation
As countries around the world work to repair economies upended by the COVID-19 pandemic , the war between Russia and Ukraine is creating even more difficulties while exacerbating existing issues , including worker shortages ; commodity , transportation and inventory disruptions ; and the highest inflation rate in a generation in the U . S .
However , these crises have also shed light on existing weaknesses and presented an opportunity for building better , stronger workforces and supply chain networks by implementing digital technology , building capabilities and encouraging market diversity and supply chain transparency . While this will require innovative thinking and entrepreneurialism , the potential impact is significant .
To offer understanding and a state , national and global perspective , West Virginia University ( WVU ) John Chambers College of Business and Economics ’ John Deskins , John Saldanha and Ednilson Bernardes shed light on these important issues and their economic impact .
SAMANTHA CART
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