The World Bank’s GSCSI measures the magnitude of container shipping disruptions affecting global supply chains.
With the advent of global supply chains, activities that once took place in a single factory are now dispersed among many countries. Fragmented production makes it possible for firms in developing countries to industrialize more rapidly by specializing in niche tasks and gaining access to larger markets overseas. Modern trade depends on reliability and timeliness of global shipping and logistics.
Disruptions caused by the COVID-19 pandemic highlighted the importance of monitoring the level of stress in supply chains. That is the purpose of the Global Supply Chain Stress Index, which was developed in 2021 by the World Bank’s Trade Team.