Within a few years, central banks have shifted from worrying about the lack of inflation — and possible shift into deflation — to confronting the prospect of a stagflationary spiral.
Debating whether current inflation reflects supply or demand-side pressures — or both — took centre stage at the annual meetings of the International Monetary Fund (IMF) in Washington in October 2022. Diagnosing the sources of the shock, and underst...
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This article is published in cooperation with the Green European Journal. Their new print issue, Priced Out: The Cost of Living in a Disrupted World looks at the roots of the cost of living crisis that is hitting societies across Europe.
Danae Kyriakopoulou is Distinguished Policy Fellow at the Grantham Research Institute on Climate Change and the Environment at the LSE, an advisory council member at the Official Monetary and Financial Institutions Forum, and a member of the World Economic Forum’s 2022 class of Young Global Leaders.
This article is published in cooperation with the Green European Journal. Their new print issue, Priced Out: The Cost of Living in a Disrupted World looks at the roots of the cost of living crisis that is hitting societies across Europe.