ABSTRACT

April 2022 Update to TIGER: Policymakers Face Grim Quandaries as Storm Clouds Gather   [open html - 0B]

From the Webpage: "This was to be the year of post-COVID [coronavirus disease] normalization, labor market healing, and a growth revival. Instead, it is turning into a fraught period of geopolitical realignments, persistent supply disruptions, and financial market volatility, all against the background of surging inflationary pressures and limited room for policy maneuver. The latest update of the Brookings-Financial Times Tracking Indexes for the Global Economic Recovery (TIGER) shows an overall loss of growth momentum, with considerable unevenness across countries in their vulnerability to adverse domestic and international developments. The war in Ukraine, the resurgence of COVID-19 [coronavirus disease 2019] in China, and the limited macroeconomic policy space that now confronts most governments will make 2022 a tough year for global growth. The disruptive impact of COVID-19 seems contained in most other parts of the world, although it remains a wildcard as new variants emerge."

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2022-04-17
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Brookings Institution
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Brookings Institution: https://www.brookings.edu/
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text/html
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