Slowing Growth and the Risk of Stagflation 

Ayhan Kose, director of the World Bank’s Prospects Group, discusses how the war in Ukraine has compounded the damage left by the COVID-19 pandemic and magnified the slowdown in the global economy. The risk of stagflation is increasing with potentially harmful consequences for middle and low-income economies alike. Learn more from the latest edition of the Global Economic Prospects report, which projects that global growth will slump from 5.7 percent in 2021 to 2.9 percent in 2022.

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