Fast reading:
- Macro outlook: The European energy crisis, mounting inflation (implying tighter monetary policies), and a poorly performing Chinese economy are all battling for the spotlight on the stage of economic uncertainty.
- The geopolitics of high inflation: While policy decisions are often the results of short-term pressures, recent geopolitical developments can provide some guidance with respect to some inflationary trends.
- COP27 and the North-South divide: Will the summit try to emphasise the view from developing countries, with the potential of a sharpening North-South divide?
Ahead of the Curve: Q4 2022
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