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Over the last several decades, Southeast Asia was a synonym for economic dynamism, opportunity, and growth. This was the case particularly with the six largest economies of the Association of...
Consumer price inflation in the US, UK and Euro area is the highest it has been since the early 1990s and may still rise further in the next few months (Chart 1). That is likely to continue to...
The combination of robust demand growth with pandemic-related supply constraints led to a significant spike in global consumer and producer prices. As a result, major central banks have enacted...
The fallout from the global spread of COVID-19 produced tremendous stress in energy markets. Early during the pandemic, in the first half of 2020, a negative demand shock from large-scale global...
The US Federal Reserve (Fed) continues to drive the economic agenda, setting the tone for monetary developments globally. In September 2021, after more than a year of extraordinary measures to support...
The combination of robust global demand growth with pandemic-related supply constraints for goods and services has led to a significant rise in consumer prices. In fact, global inflation, as measured...
More than two years since COVID-19 was first discovered, the global economy is shrugging off a new wave of the pandemic. Over the past two years the COVID-19 virus has mutated and evolved through a...
The Euro area economy contracted sharply in 2020 due to the outbreak of the pandemic, but has experienced a strong recovery in 2021. Average growth reached 5.5% on a year-on-year (y-o-y) basis in the...
Since the outbreak of the pandemic, the majority of countries in emerging Asia had been able to overcome its effects better than the rest of the world in 2020, thanks to effective social distancing,...
Despite the recent concerns about the COVID-19 Omicron variant, the global economic recovery remains strong and activity indicators in most advanced economies are comfortably within expansion...
Last winter, European governments faced a surge in new cases of COVID-19 driven by more infectious variants and by cold weather keeping people indoors. The only tools at hand to manage the situation...
The US Federal Reserve (Fed) continues to dominate macroeconomic discussions. After supporting the “Great Pandemic Reflation” (2020-21), a stimulus-induced recovery that brought the US...
Despite the emergence of the new Omicron variant of concern, it is worth noting that the global economy has made a remarkable recovery from the peak impact of the Covid-19 pandemic last year. The main...
The global economy is recovering strongly from the COVID-19 pandemic. Such rapid economic normalization would not have been possible without the development of effective treatments and vaccines. The...
India’s economy has slowed significantly in recent quarters. In fact, soft year-on-year GDP growth at 5% in Q2 2019 makes it the first time in more than six years that growth has been below the...
Introduction: The US-China is just act in the story of global competition for economic influence. The big picture is of shifting tides in geo-strategic politics from cold war (1950-90), to US...
US economic growth has been robust in recent quarters, supporting global demand through a period of weakness associated with a manufacturing slump and increased uncertainty. Indeed, it is not a...