Global Economic Outlook 2023: Risks of Tightening | Paul Krugman (City University of New York, Distinguished Professor)
-Unprecedented inflation, subsequent interest rate hikes and austerity measures are driving the global economy into an unpredictable state. The Ukrainian war and sanctions against Russia have led to rising energy and raw material prices, raising a sense of crisis. There are also predictions of an economic recession.
- What risks will the global economy face in 2023?
- Will the global economy slide into recession?
#inflation #giantstep #recession #economy
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