Inflation has become a worldwide phenomenon, not only specific to the developing world.
Bangladesh’s economy buckled, but it did not break. However, challenges remain.
Globally, people are experiencing inflation at levels not seen for decades as prices surge for essentials like food, heating, transport and accommodation. And though a peak could be in sight, the effects may yet get worse.
Today, we have 1.2 billion people in 111 developing countries, who live in acute multi-dimensional poverty.
Dread and anxiety over the possibility of a global recession are rising around the world right now.
Rising uncertainties are making global compromise and cooperation more unlikely
If things are bad, there must be a good reason for it.
World Bank Group President David Malpass thinks it might take years to get prices back under control as the US and other economies face inflation rates not seen in decades.
How do you control inflation in a market economy?
Inflation has become a worldwide phenomenon, not only specific to the developing world.
Bangladesh’s economy buckled, but it did not break. However, challenges remain.
Globally, people are experiencing inflation at levels not seen for decades as prices surge for essentials like food, heating, transport and accommodation. And though a peak could be in sight, the effects may yet get worse.
Today, we have 1.2 billion people in 111 developing countries, who live in acute multi-dimensional poverty.
Dread and anxiety over the possibility of a global recession are rising around the world right now.
Rising uncertainties are making global compromise and cooperation more unlikely
If things are bad, there must be a good reason for it.
World Bank Group President David Malpass thinks it might take years to get prices back under control as the US and other economies face inflation rates not seen in decades.
How do you control inflation in a market economy?
The world has entered another era of high inflation, and no country can escape from the heat wave of rising prices.
