Post by account_disabled on Nov 22, 2023 3:42:56 GMT
This reduces production costs, which at the same time causes its revival; Technological development – improves production efficiency, optimizing costs and increasing enterprise profits and supply; Grants, additional financing for running a business; Reducing tax liabilities; Higher currency rate. Negative supply shock On the contrary, it is a negative supply shock , which leads to a slowdown in production and an increase in commodity prices. The conditions for its occurrence are, for example: Increase in raw material prices; Armed conflicts, e.g. the current war in Ukraine.
Limited supplies of raw materials gas, food; Natural disasters, epidemics, e.g. coronavirus pandemic suspension philippines photo editor of many businesses, restrictions on transport; Higher unemployment and lower wages, which leads to reduced household consumption people are reluctant to spend money for fear of the future and lack of savings; High customs duties for the transport of goods, import and export bans to some countries. Supply shock – examples Glencore , which extracts and trades in mineral resources, decided in to close its mines in Africa. The reason was falling copper prices on the market.
Which resulted in a significant reduction of shares in its mining. This turned out to be a positive supply shock for the competition. OPEC In an article explaining, among others: the concept of stagflation, we described the case of an oil supply shock in the USA. This was the result of sanctions imposed price increases by OPEC, which expressed its dissatisfaction with Israel's support during the Yom Kippur War in . Food prices The current mechanisms and effects of the supply shock have become common not only in Poland, but also in other parts of the world.
Limited supplies of raw materials gas, food; Natural disasters, epidemics, e.g. coronavirus pandemic suspension philippines photo editor of many businesses, restrictions on transport; Higher unemployment and lower wages, which leads to reduced household consumption people are reluctant to spend money for fear of the future and lack of savings; High customs duties for the transport of goods, import and export bans to some countries. Supply shock – examples Glencore , which extracts and trades in mineral resources, decided in to close its mines in Africa. The reason was falling copper prices on the market.
Which resulted in a significant reduction of shares in its mining. This turned out to be a positive supply shock for the competition. OPEC In an article explaining, among others: the concept of stagflation, we described the case of an oil supply shock in the USA. This was the result of sanctions imposed price increases by OPEC, which expressed its dissatisfaction with Israel's support during the Yom Kippur War in . Food prices The current mechanisms and effects of the supply shock have become common not only in Poland, but also in other parts of the world.