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Global economy is not out of the woods yet

Storm clouds over the global economy

ITHACA This was supposed to be the year of post-COVID normalisation, labour-market healing, and a revival of economic growth. Yet, it is turning out to be a fraught period of geopolitical realignments, persistent supply disruptions, and financial-market volatility, all of which are playing out in a context of surging inflationary pressures and limited policymaking space.

Storm clouds over the global economy

ITHACA This was supposed to be the year of post-COVID normalisation, labour-market healing, and a revival of economic growth. Yet, it is turning out to be a fraught period of geopolitical realignments, persistent supply disruptions, and financial-market volatility, all of which are playing out in a context of surging inflationary pressures and limited policymaking space.

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