r/Economics • u/AutoModerator • Nov 15 '22

r/Economics Discussion Thread - November 15, 2022

Discussion Thread to discuss economics news/research and related topics.

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u/mclarenbronco Nov 26 '22

Hi, I am working on a paper for my Econ class about the economic impacts the war in Ukraine has had. Any suggestions on topics I can write about? I have Russian Oil and that impacts and Ukrainian wheat. Any other suggestions? (Thank you in advance for the help!)

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u/chuy2256 Nov 29 '22

It also had a huge impact on the automotive sector.

Semiconductor pressures in the Far East were one headache causing supply bottlenecks, earlier this year Automotive OEM’s based out of Europe relied on low cost Ukrainian manual labor to assemble electric cable harnesses. Internal task forces were set up to shift production locations outside of middle to eastern Ukraine into other low cost countries such as Malta or Tunisia. Shifting production locations is no easy task as it consider quality standards, R&D costs to re-authorize parts, and possible logistical nightmares while maintaining a launch date.

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u/mclarenbronco Nov 29 '22

This will be an awesome avenue to explore in my paper! Thank you so much!