Oct 6, 2021 · Stagflation is a period when slow economic growth and joblessness coincide with rising inflation. As oil and gas hit record prices, Google searches for the term "stagflation" have spiked. Expert Alberto Gallo has stated that financial markets are caught between between stagflation worries and hopes that gross domestic product will pick up speed.

Jun 23, 2022 · Stagflation is a combination of economic stagnation and high unemployment coupled with high inflation. Governments and central bankers are keen to avoid it as it signals a recession. Greg Daco, Chief Economist at EY-Parthenon, tells the Radio Davos podcast what he thinks might happen. Subscribe to the podcast.

Jul 7, 2022 · Stagflation is the difficult combination of economic stagnation and inflation, which was last seen in the 1970s. A report by the BIS attributes the rise in inflation to an unexpectedly strong economic rebound from COVID-19, a switch in demand from services to goods, supply bottlenecks and the war in Ukraine.

Jul 14, 2022 · The stagflation of the 1970s coincided with the first global wave of debt accumulation in the past half-century (Figure 3, Kose et al. 2020). Low global real interest rates and the rapid development of syndicated loan markets encouraged a surge in EMDE debt, especially in Latin America and many low-income countries, especially in sub-Saharan ...

May 12, 2023 · Europe is consequently seen as having the highest risk of stagflation – a combination of high inflation and economic stagnation. Europe is seen as having the highest risk of stagflation this year. Image: World Economic Forum.

The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is tied to no political, partisan or …

Jan 13, 2025 · Greg Daco, chief economist at EY-Parthenon, talks about the multiple challenges facing the global economy and gives his view on, among other things, whether the global slowdown and rising inflation will combine to create the dreaded ‘stagflation’.

Jan 16, 2023 · While the overall global outlook has deteriorated in 2023, there are variations between regions on the prospects of recession, according to economists.

Jul 14, 2022 · Franziska Ohnsorge is Lead Economist in the World Bank Development Prospects Group. Previously, she worked at the International Monetary Fund and the Office of the Chief Economist of the European Bank for Reconstruction and Development. She is lead author of the World Bank flagship report, Global Economic Prospects. Her research has covered fiscal and …

Jan 16, 2023 · Geneva, Switzerland, 17 January 2023 – A majority of the World Economic Forum’s Community of Chief Economists expect a global recession in 2023, see geopolitical tensions continuing to shape the global economy, and anticipate further monetary tightening in the United States and Europe. These are the key findings of the Chief Economists Outlook, …