The credibility of the IMF and World Bank is undermined by the United States, their largest shareholder, retreating from the principle of multilateralism.

PwC economist Alexis Crowe warns that rising production costs could lead to curtailed chip production, potentially exacerbating memory chip shortages and negatively impacting the US economy.

Carmen Reinhardt argues that central banks are constrained in their ability to respond to the current stagflationary shock due to the conflicting pressures of fighting inflation and stimulating growth...

According to the UN, approximately 3.5 billion people live in countries where government spending on debt service exceeds spending on education and healthcare.

The IMF is advising countries to provide only targeted and limited financial aid to citizens to weather high energy prices, rather than broad-based subsidies.

Rising diesel prices are significantly increasing input costs for the US farm economy.

Sean Donnan believes that a coordinated, US-led G20 response to the brewing economic crisis is unlikely to materialize, unlike in previous crises.

According to Carmen Reinhardt's analysis, governments have limited fiscal capacity to respond to new economic shocks due to high debt loads incurred during the pandemic.

Economist Carmen Reinhardt assesses that global preparedness to respond to a financial crisis is at its worst point since before the 2008 global financial crisis, and possibly since the 1980s.

PwC economist Alexis Crowe predicts that the cost of semiconductor chip production will likely become significantly more expensive within months due to the current geopolitical crisis.