|
By Jeff Kearns and Andrew Stanley
It’s been a turbulent year. The global economy’s better-than-expected growth prospects early on quickly turned to concern after Russia’s invasion of Ukraine. Coupled with rapid and persistent inflation, particularly for food and energy, these headwinds weighed on growth and dimmed our forecasts.
Our Chart of the Week blogs have chronicled these inflection points. This week, we showcase five of our most popular charts that helped illustrate the effects of these developments. With updated data, the visuals also show how things have progressed since then.
View the interactive charts here.
Historic challenges tested the global economy this year, from Russia’s invasion of Ukraine and the sharp slowdown in China to surging inflation and rising interest rates.
Growth prospects are a common thread running through our most-read blogs of 2022, along with rapid inflation, rising borrowing costs, a strong dollar and risks from crypto.
With the economic outlook and monetary policy poised for new challenges next year, here’s a look back at how the world got here. Topping the list is the March blog, by all five directors of the IMF’s area departments, on how the war in Ukraine would likely affect the world’s major regions.
Read the blogs here.
|
