תקציר
Home » Blog » Wartime macroeconomics April 3, 2022 COVID-19, Ukraine A fresh supply shock stemming from the war in Ukraine will deal a blow to the economic recovery from COVID-19. The energy and food sectors are especially hard hit.World economic growth in the year ahead will now be more than 1 percentage point lower than previous projections, while inflation, already elevated at the beginning of the year, is now expected to be 2.47 pp higher than previous projections, according to OECD estimates.The OECD believes…
Wartime macroeconomics
A fresh supply shock stemming from the war in Ukraine will deal a blow to the economic recovery from COVID-19. The energy and food sectors are especially hard hit.
World economic growth in the year ahead will now be more than 1 percentage point lower than previous projections, while inflation, already elevated at the beginning of the year, is now expected to be 2.47 pp higher than previous projections, according to OECD estimates.
The OECD believes a fiscal response targeting support for the more vulnerable of 0.5 pp of GDP could substantially mitigate the economic impact of the crisis without substantially adding to inflation.
See War in Ukraine: Economic and Social Impacts, and Implications for Policy
More related articles...
10 Questions You Should Ask a Shipping Company Before Choosing One
תקציר A lack of experience, transparency, or full understanding of the process can lead to costly delays, penalties, unexpected storage fees, and in some cases,
Common Mistakes in Storage and Transportation – and How to Avoid Them
תקציר Yet despite this understanding, many businesses continue to suffer losses of tens or even hundreds of thousands of shekels due to simple errors: storage
Refrigerated Freight Transportation – How to Ensure Your Goods Don’t Spoil
תקציר In a world where time is a critical resource and customers demand fast, accurate deliveries, refrigerated freight transportation has become one of the most
Land Freight Transportation: Advantages, Challenges, and What You Need to Know
תקציר Land freight transportation is one of the most critical pillars in modern supply chain infrastructure. However, alongside its many advantages, land transport also presents
Shipping and importing products from China to Israel
תקציר Embark on a journey where borders fade, and cultures converge, as we delve into the art of unlocking success through the seamless process of
Israeli Company Resilience Strategies in the US Market
תקציר Over the last 20 years, he has also assisted many Israeli companies in US market development. Amcon also runs practical, hands-on training events on
