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FT-Brookings: the war in Ukraine and stagflation threaten global economic recovery
The global economy is facing a double risk of slowing growth and concomitant high inflation, or stagflation, this year, while the global recovery from the coronavirus pandemic will be further slowed by the war in Ukraine, according to a joint performance by the Brookings Institution and the Financial Times.
The Tiger Index (Tracking Index for the Global Economic Recovery), developed by the prestigious International Economic Research Workshop and the London Business Daily, reports a marked weakening of growth momentum in advanced industrial economies from last year, and in the emerging region, according to Monday’s Financial Times. (Kertész Róbert, MTI)
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