Whither the Phillips Curve? – Financial Information, Evaluation, and Dialogue

Forthcoming as a Policy Paper at the Policy Center for the New South

1 Introduction

Inflation as a world phenomenon has triggered the simultaneous tightening of financial and monetary insurance policies internationally. Consequently, world financial development projections for 2022 and 2023 have been revised downward. As inflation charges will come down solely steadily, given the worth stickiness of their core parts, the world faces a state of affairs of ‘stagflation’—a mixture of serious inflation and low or damaging gross home product (GDP) development.

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