Tag: Inflation
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Fighting against poverty: the impact of inflation on households’ purchasing power
Authors: Pablo Acosta and Folha de S. Paulo
As the COVID-19 pandemic began to ease its effects on households across the globe, another crisis started...
Baltic reality: High inflation and declining of living standards
The Baltic States’ economy is in bad condition. The latest estimate from the EU’s statistics body shows that Eurozone inflation is continuing to soar...
Policy mistakes could trigger worse recession than 2007 crisis
The world is headed towards a global recession and prolonged stagnation unless fiscal and monetary policies holding sway in some advanced economies are quickly changed,...
Global Recession Increasingly Likely as Cost of Living Soars
The World Economic Forum’s Community of Chief Economists expect reduced growth, stubbornly high inflation and real wages to continue falling for the remainder of...
East Asia and Pacific Sustaining Growth, Restraining Inflation, but Facing Risks Ahead
Growth in most of developing East Asia and the Pacific rebounded in 2022 from the effects of COVID-19, while China has lost momentum because...