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4min chapter
What do we miss in standard supply chain measures?
Brookings Podcast on Economic Activity
Measuring Indirect Aspects of Supply Chains and Assessing Exposure
The chapter discusses the challenges in measuring indirect aspects of supply chains, including the lack of readily available data and the need to combine Excel files. It emphasizes the importance of considering trends over time and the role of different countries in the supply chain, and explains the use of matrix algebra and standard accounting identities to measure a country's gross output and trade connections. The chapter also explores the shift in perception of supply chains from being positive to being a source of risk.
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