•  Publication ECO

World – Macro-economic Scenario 2023-2024 : an unprecedented reversal

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Inflation has taken solid hold – both demand-side and supply-side; both surging inflation and inflation that just edged up slightly due to the shock of the war in Ukraine. Monetary tightening is stinging – whether it is aggressive and almost complete, or more hesitant and limited. The powerful mainsprings of the post-Covid recovery are relaxing, and economies – at varying degrees of proximity – are...