New Global Supply Chain Pressures Index. An Analysis of the Inflationary Changes Brought About by Global Supply Chains

Abstract

Abstract This paper aims to demonstrate the causal relationship between the new Global Supply Chain Pressure Index (GSCPI) and the inflationary movements occurring at the global level. The primary focus of this research is to identify patterns and correlations that emerge between these two economic indicators, thereby attempting to mitigate the effects of inflation by analysing indices directly related to global merchandise traffic. Therefore, the terms and concepts used are clarified in the first section within a broader framework, to underscore their relevance within the scope of the paper, as well as to facilitate their further exploration for a more profound comprehension of subsequent scientific and specialized references. The second section provides a brief overview of scientific works on this topic, which have served as the scientific foundation and have prompted us to undertake our study to contribute to the body of scientific knowledge on this relatively underexplored subject, given that the GSCPI is a concept that emerged only in May of the year 2022. Furthermore, in the second section, we conducted a bibliometric analysis to discern trends concerning global supply chains and global inflation, as well as the correlation between them. The result is to provide a deeper understanding of the novel concepts and the prospective utilization of GSCPI.