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4min chapter
Shipping Costs and Inflation with Yan Carrière-Swallow
IMF Podcasts
Introduction
i think we're kind of stuck with sending things by ship across the oceans. I don't think there are real alternatives to ocean freightand so given the decentralized nature of global trade networks, i think it's a very good solution. What might appear like a localized disruption in shipping that works aly has really global implications on prices. The price of importing a container full of goods has gone out by like a factor of three or four. How interesting. Hat was when i i turned on to this topic.
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