The Post-Inflation Economy That Could Be
Looking ahead to the period after the pandemic and today's bout of inflation, most economies face strong headwinds that threaten to return them to the secular stagnation of the 2010s. But with policies to boost trade in services and increase green investments, the outlook would brighten substantially.
CHICAGO – Economic commentaries nowadays are typically about inflation or recession, so let’s instead consider the growth prospects once central banks get those challenges under control.