Covid-19: Who bears the business loss?

Even if some sectors are bailed out, there will be numerous insolvencies and bankruptcies. Much of the global trade system has also been thrown into chaos as export pipelines fracture and start to run dry. Few businesses can function normally; sometimes, they have ground to a halt. The sustained impact of Covid-19 will be deep and drawn out over the coming decade as faltering global supply chains create a long-term problem for business. The ideal configuration of a supply chain involves back-to-back contracts and pay-when-paid clauses. If problems arise, losses are allocated propor...