Toward a Theory of the Financial Supply Chain: Exploring Contagion and the Financial Bullwhip during the Greek Debt Crisis

Yvonne Kreis, Wendy Tate, Lydia Bals, Cristof Bals

    Research output: Contribution to conferencePaperResearchpeer-review


    Despite a strong interrelationship between financial flows and material flows within an economy, present literature assumes that physical flows in supply chains are the primary flows supported by financial and information auxiliary flows. This assumption has been challenged during the debt crisis in Greece, which led to severe friction in the (physical) distribution of materials and services due to liquidity shortages. This research takes this event as an opportunity to further understanding about the macro economic context of financial flows in supply chains as well as the interrelationship between financial and physical flows.
    Original languageEnglish
    Publication date2017
    Number of pages14
    Publication statusPublished - 2017
    Event26th Annual IPSERA Conference: Coping with the Future: Picking your Battles - Anna Grand Hotel, Budapest, Hungary
    Duration: 9 Apr 201712 Apr 2017
    Conference number: 26


    Conference26th Annual IPSERA Conference
    LocationAnna Grand Hotel
    Internet address


    • Supply Chain Theory
    • Financial
    • Contagion
    • Bullwhip

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