The Supply Solution to Stagflation by David Malpass published by Project Syndicate (6/2022).
According to the World Bank’s latest forecast, global growth is projected to slow by 2.7 percentage points between 2021 and 2024 – more than twice the deceleration between 1976 and 1979. To avoid a prolonged period of stagflation, policymakers worldwide must focus on five key areas.