What is 'stagflation' and what does it mean for the future economy?
Oct 6, 2021 · Stagflation is a period when slow economic growth and joblessness coincide with rising inflation. As oil and gas hit record prices, Google searches for the term "stagflation" have spiked. Expert Alberto Gallo has stated that financial markets are caught between between stagflation worries and hopes that gross domestic product will pick up speed.
Can the world avoid stagflation? An economist explains
Jun 23, 2022 · Stagflation is a combination of economic stagnation and high unemployment coupled with high inflation. Governments and central bankers are keen to avoid it as it signals a recession. Greg Daco, Chief Economist at EY-Parthenon, tells the Radio Davos podcast what he thinks might happen. Subscribe to the podcast.
Economy: Central banks are concerned about stagflation | World …
Jul 7, 2022 · Stagflation is the difficult combination of economic stagnation and inflation, which was last seen in the 1970s. A report by the BIS attributes the rise in inflation to an unexpectedly strong economic rebound from COVID-19, a switch in demand from services to goods, supply bottlenecks and the war in Ukraine.
Stagflation - StreetEasy
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Can the world avoid stagflation? | World Economic Forum
Oct 24, 2024 · Greg Daco, chief economist at EY-Parthenon, talks about the multiple challenges facing the global economy and gives his view on, among other things, whether the global slowdown and rising inflation will combine to create the dreaded ‘stagflation’.
From stagflation to debt crises: What history tells us
Jul 14, 2022 · The stagflation of the 1970s coincided with the first global wave of debt accumulation in the past half-century (Figure 3, Kose et al. 2020). Low global real interest rates and the rapid development of syndicated loan markets encouraged a surge in EMDE debt, especially in Latin America and many low-income countries, especially in sub-Saharan ...
What Is Stagflation? And Should We Be Worried It’s Coming Back?
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Franziska Ohnsorge - Agenda Contributor | World Economic Forum
Jul 27, 2016 · Franziska Ohnsorge is Lead Economist in the World Bank Development Prospects Group. Previously, she worked at the International Monetary Fund and the Office of the Chief Economist of the European Bank for Reconstruction and Development. She is lead author of the World Bank flagship report, Global Economic Prospects. Her research has covered fiscal and …
Chief economists on what lies ahead for the world in 2023 | World ...
May 12, 2023 · Europe is consequently seen as having the highest risk of stagflation – a combination of high inflation and economic stagnation. Europe is seen as having the highest risk of stagflation this year. Image: World Economic Forum.
Economic downturn considered biggest risk for many countries
Jan 30, 2024 · When looking on a country-by-country basis, several trends become apparent across regions. In Europe, more than 20 countries – including Belgium, France, Germany, Portugal, Sweden and the United Kingdom – all listed economic downturn as their number one concern over the coming two years.