War, Natural Disasters, Security Concerns and Tourism

Apr 29, 2024 | Bendegul Okumus
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Some regions of the world are experiencing wars and conflict, which have caused serious problems in supply chain management. For example, countries that import significant amounts of goods from Ukraine and/or Russia are highly affected by the war between those two countries. Over 50% of the domestic consumption of many African countries is supported by grains imported from Ukraine and Russia, and due to their lack of purchasing power, these countries cannot turn to higher-cost resources, resulting in grain shortages in Africa.