Tobias Reisch

Apr 17, 2024 | nature.com | Abhijit Chakraborty |Tobias Reisch |Christian Diem |Pablo Astudillo-Estévez

AbstractFor centuries, national economies have been engaging in international trade and production. The resulting international supply networks not only increase wealth for countries, but also allow for economic shocks to propagate across borders. Using global, firm-level supply network data, we estimate a country’s exposure to direct and indirect economic losses caused by the failure of a company in another country. We show the network of international systemic risk-flows.