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The Putin Slump

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Add to Bookmarks Apr 28, 2022 Prospects for the world economy have worsened significantly as a result of the war in Ukraine, leaving forecasters and policymakers struggling to keep up. While all countries will feel the pain, rising food and energy prices mean that poorer economies are likely to suffer the most. In this Big Picture, Harvard University’s Kenneth Rogoff warns that the risk of recession in China, the United States, and Europe is significant and increasing, and that a collapse in one region will raise the odds of collapse in the others. Likewise,

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Prospects for the world economy have worsened significantly as a result of the war in Ukraine, leaving forecasters and policymakers struggling to keep up. While all countries will feel the pain, rising food and energy prices mean that poorer economies are likely to suffer the most.

In this Big Picture, Harvard University’s Kenneth Rogoff warns that the risk of recession in China, the United States, and Europe is significant and increasing, and that a collapse in one region will raise the odds of collapse in the others. Likewise,

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