LONDON — Last month, I wrote about the central role of inflation trends in the outlook for the world economy in 2024 and beyond.

LONDON — As 2023 drew to a close, there are many known unknowns, especially on the geopolitical front, and presumably as many unknown unknowns lurking on the horizon. Producing any forecast for the global economy is thus more difficult than usual.

LONDON — There has been much talk lately of a return to 1970s economic conditions. Here in the United Kingdom, year-on-year inflation reached 9.1 per cent in May, and disruptive labour strikes are dominating the headlines.But is a 1970s-style economy really in the offing?

LONDON  —  At the start of the year, I expressed concerns about the outlook for financial markets, owing to all the considerable uncertainties that I could identify, and to the many other potential risks that were not yet clear.

LONDON — Earlier this month, British Prime Minister Boris Johnson gave a speech in Coventry about what seems to have become his signature policy initiative: “Levelling up” the local and regional economies that have increasingly fallen behind that of London and the United Kingdom’

LONDON — Since last spring, it has been clear to me that a quick and sizeable recovery would follow from the pandemic-induced recession, owing to Western governments’ massive fiscal- and monetary-policy responses and the high probability that effective vaccines would be forthcomi

LONDON — On August 11, the OECD signalled that it would be revising its 2020 real (inflation-adjusted) GDP forecast for South Korea from -1.2 per cent to -0.8 per cent, adding to the confidence that the country is faring better economically than any other OECD member.

LONDON — At the start of a new decade, many commentators are understandably focused on the health of the global economy.

LONDON — The threat of antimicrobial resistance (AMR) is being overshadowed by the menace of climate change.