Globalization previously made it easier for major central banks to pursue and maintain low inflation.
The World Trade Organization's 12th Ministerial Conference. 14th June, 2022. Credit: WTO/Jessica Genoud via Flickr
The return of high inflation in many developed economies seems to have surprised central banks and has quickly become people’s leading economic worry. While monetary tightening is necessary, the role of structural factors warrants attention, too. Specifically, besides pandemic-related supply-chain disruptions and the energy and food-price shocks amplified by the Ukraine war, policymakers must also acknowledge more explicitly the inflationary consequences of deglobalization.
During the two d
Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else.
A weekly curated reading list on China from Andrew Peaple.
A daily roundup of China finance, business and economics headlines.
We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.
The Entity List has become one of America’s favorite weapons in its economic arsenal. The Trump administration just increased it by more than 20,000 companies, provoking ire from Beijing and putting it at the center of this month’s sudden and dramatic deterioration in Sino-U.S. relations.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OKPrivacy policy
