Fearonomics: why should we fear inflation

By EBRD multimedia team

Share this page:

Beata Javorcik, EBRD’s Chief Economist (current) and also professor of Economics at Oxford University and Sergei Guriev, EBRD former Chief Economist and professor of economics at Science Po.

Rate, review, download our podcast

In the new episode of the EBRD’s  Fearonomics podcast Jonathan Charles, the EBRD’s Managing Director of Communications,  Sergei Guriev, former EBRD Chief Economist and now Professor of Economics at Science Po, and Beata Javorcik, the EBRD’s current Chief Economist, examine the threat to our economies from inflation and whether we risk an era of stagflation.

Policymakers had to step up support for businesses and the population at large when Covid-19 was at its worse. The strain on public budgets was palpable – even before Russia’s war on Ukraine.

The latest IMF forecast sees “war-induced commodity price increases and broadening price pressures” pushing inflation in 2022 to 5.7 per cent in advanced economies and 8.7 per cent in emerging market and developing economies.

So what’s next? Destabilised financial markets? Stagflation? Is this what the future of poverty looks like?

Listen to Fearonomics on iTunes, SoundCloud or wherever you get your podcasts from.

Review our podcast or tweet us @EBRD #Fearonomics

 You can rate, review and subscribe to Fearonomics on ITunes, Spotify and Soundcloud.

Share this page: