Stagnation in store for rest of decade, Asia Pacific’s road to recovery
Wednesday 22 September 2021 – Vol.12 Ed.38.3
Commentary: US is heading for stagnation, not stagflation
By Mark Sobel in Washington
American economist Nouriel Roubini wrote recently that ‘The stagflation threat is real’. Roubini’s point was that those who believe US inflation pressures and growth challenges are largely due to temporary supply bottlenecks are optimists headed for disappointment. He may be right that supply chain disruptions will raise inflation, and for longer than expected. But analogies with ‘stagflation’, conjuring images of the 1970s, hardly seem apt.
Read the full commentary on the website.
Meeting: The road to recovery: infrastructure investment in a post-pandemic economy
Monday 27 September, 08:00-10:00 BST
OMFIF and Sumitomo Mitsui Banking Corporation are holding two roundtables to discuss the key issues and opportunities for infrastructure in the Asia Pacific region. The sessions will cover topics including the current macroeconomic climate, using infrastructure investment to drive economic recovery and sustainable growth, current infrastructure trends and mobility and connectivity in the aftermath of Covid-19.
Register to attend here.