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Is the World Economy Going Back to the 70’s?

March 29, 2022

14.20 - 14.40

DEWA Hall


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The Covid-19 pandemic has disrupted lives across all countries and slowed down global economic growth. Economists and policymakers ponder whether high inflation rates would turn into a 1970s-style “stagflation” where economic growth slows down, while unemployment and inflation remain high – and what that means for governments, businesses, and people. In this session, H.E. Roberto Azevêdo will reflect on the state of the world economy and how can governments collaborate to avoid the 1970s scenario or worse.