World Bank Group
World Bank
2021-6-1
Report on Russia’s invasion of Ukraine and its effects on commodity markets, supply chains, inflation, and financial conditions which have steepened the slowdown in global growth. One key risk to the outlook is the possibility of high global inflation accompanied by tepid growth, reminiscent of the stagflation of the 1970s. This could eventually result in a sharp tightening of monetary policy in advanced economies, which could lead to financial stress in some emerging market and developing economies. The report also includes analytical chapters on policy options for reducing trade costs, so that trade can once again become an engine of growth, and on prospects for inflation as an exceptionally fast global rebound is associated with growing price pressures.
- COVID-19 Pandemic
- Economic
- Ukraine War
- Afghanistan
- Africa
- Algeria
- Angola
- Armenia
- Asia
- Bangladesh
- Benin
- Bolivia (Plurinational State of)
- Burkina Faso
- Burundi
- Caribbean
- Central Africa
- Central Asia
- Chile
- Colombia
- East Africa
- Ecuador
- Eritrea
- Ethiopia
- Europe
- Gambia, The
- Georgia
- Guinea
- Guinea-Bissau
- Guyana
- Haiti
- Horn of Africa
- Hungary
- India
- Iraq
- Jamaica
- Jordan
- Kuwait
- Latin America
- Lebanon
- Liberia
- Malawi
- Mozambique
- Myanmar
- Myanmar
- Niger
- North Africa
- North America
- Paraguay
- Peru
- Philippines
- Rwanda
- Sierra Leone
- South America
- South Asia
- South Sudan
- Southeast Asia
- Sub-Saharan Africa
- Sudan
- Suriname
- Tajikistan
- Togo
- Uganda
- Vietnam
- West Africa
- West Asia
- Low- and Middle-Income Countries (LMICs)
- Country-level population(s)
- Research
- Report