Inflation in an Unequal World Economy: How the fed’s policies are doubly perverse for the global south*

Jan 16th 2023, C.P. Chandrasekhar and Jayati Ghosh

Tight monetary policies in rich countries obviously affect people in the countries where they are applied, but they also cause ripple effects across the world. We were already in a very unequal world before the most recent global price increases.

* This article was originally published in The American Prospect on January 12, 2023.


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