The Economic Times

ET Evoke: Shipping, moving 80% world trade, is far more volatile than stocks, says Harvard University's Myrto Kalouptsidi

Myrto Kalouptsidi, Harvard professor of international economics, explains how shipping disruptions at chokepoints such as Hormuz, Suez and Ukraine can sharply reduce effective fleet capacity, trigger volatile freight rates and raise goods prices. She also discusses empty ships, global trade imbalances, Chinas shipbuilding dominance and climate change risks to maritime infrastructure.