The Government wants to identify the policies and interventions that can enhance the resilience of New Zealand’s economy and living standards to persistent medium-term supply chain disruptions.
Global supply chains improve productivity and enhance the wellbeing of businesses and communities in Aotearoa as trade and logistics networks enable specialisation, production and distribution; connecting New Zealanders to new technologies and ideas. However, the environment that global supply chains relied on for the past three decades is being increasingly challenged by emerging geopolitical, environmental, societal, economic, infrastructural and health risks.
The outlook for supply chains is not a simple return to pre-pandemic operations. Global trends indicate that disruptions are likely to be more frequent. In response, governments of most advanced economies, including New Zealand, have started to explore policy options for enhancing economic resilience – the capacity of industries and communities to anticipate, prepare, absorb, recover and learn from supply chain disruptions.