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Will the global supply chain process lead to stagflation?

22nd September 2021

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Nouriel Roubini raises the spectre of stagflation - which students and their parents - might have to look up.

However, it's a phenomenon associated with the supply-side shocks of the 1970s and implies sluggish growth, high inflation, and led eventually to rising unemployment too.

He identifies a number of things likely to precipitate this, stemming from shocks to the global supply chain and wonders how things are going to play out as a consequence.

If you don't want to know the score...look away now!

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Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.

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Will the global supply chain process lead to stagflation?

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Teaching Economics

Will the global supply chain process lead to stagflation?

Graham Watson

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