The global economy is still reeling from the effects of the pandemic. The European Union reported robust GDP growth in the second quarter and South Korea raised its policy interest rate, the first major Asian central bank to begin withdrawing pandemic-related monetary accommodation. The United States meanwhile is worried about inflation and jobs. In this episode of RANE’s Essential Geopolitics, powered by Stratfor, Michael Monderer, Stratfor senior analyst for global economics at RANE, tells Emily Donahue how exactly economies are recovering from the pandemic.
Further Reading from Worldview: