The world is not ready for the long grind to come

Demographic changes and deglobalisation will keep inflation higher than policymakers were used to pre-pandemic

Ruchir Sharma

©The Financial Times Limited 2020 Jan 30, 2023 / 11:05 AM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.

The world is not ready for the long grind to come

Though the 2020 recession was sharp, it was the shortest since records begin, lasting just two months. (Representative image)

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The world is not ready for the long grind to come

Demographic changes and deglobalisation will keep inflation higher than policymakers were used to pre-pandemic

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