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www.ofce.sciences-po.fr | ||
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oecd-development-matters.org
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| | | | | they are reinforced by global megatrends. International economic asymmetries, arising from economic concentration, global value chains, financial centres, or digital networks are becoming harder to ignore. The pandemic has further narrowed LAC countries' fiscal space, especially for those with high debt levels prior to the crisis, reducing public institutions' capacity to respond to citizens' needs. | |
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braveneweurope.com
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| | | | | Central banks have manoeuvred themselves into a situation where without a major paradigm change they will not be able to initiate major interest rate increases. Carey W. King is a Research Scientist and the Assistant [...] | |
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www.imf.org
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| | | | | The world has changed dramatically in the three months since our last update of the World Economic Outlook in January. A rare disaster, a coronavirus pandemic, has resulted in a tragically large number of human lives being lost. | |
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www.moneyandbanking.com
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| | | Since May 2021, we have criticized the Federal Reserves lagging response to surging inflation. In our view, both policy and communications were inadequate to address the looming challenge. Early this year, we argued that the Fed created a policy crisis by refusing to acknowledge the rise of trend inflation, maintaining a hyper-expansionary policy well after trend inflation reached levels far above their 2% target, and failing to articulate a credible low-inflation policy. Against this background, we comm... | ||
