From stagflation to debt crises: What history tells us
The global economy faces slowing growth and rising inflation prompting concerns of a return to the stagflation and debt crises of the 1970s and 1980s.
Franziska Ohnsorge is Lead Economist in the World Bank Development Prospects Group. Previously, she worked at the International Monetary Fund and the Office of the Chief Economist of the European Bank for Reconstruction and Development. She is lead author of the World Bank flagship report, Global Economic Prospects. Her research has covered fiscal and financial sector policy, savings and consumption, capital flows, trade and commodity-related issues in emerging market and developing countries. She has co-authored a number of policy-oriented papers and academic papers on these topics. She holds a PhD in Economics from University of Toronto.
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