Are we facing a new age of stagflation?
BY VICKY REDWOOD, SENIOR ECONOMIC ADVISER
Slowing growth and elevated price pressures are fuelling global concerns about a return to 1970s-style stagflation. But how justified are these concerns? A new report from Capital Economics presents unique insight into whether the global economy is facing a new stagflationary age, including analysis highlighting:
What's driving supply shortages and how long these shortages will persist;
Parallels with the 1970s experience – and where current conditions differ;
Whether these are the first in a series of stagflationary shocks.
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