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Articles on Inflation

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Many countries are dealing with a rapidly rising cost of living. Billion Photos/Shutterstock

Global economy 2023: how countries around the world are tackling the cost of living crisis

Price inflation has hit countries differently, but most central banks and governments are concerned about the rising cost of living in 2023.
A banner is displayed to advertise diesel available at a filling station in Lagos, Nigeria. Pius Utomi Ekpei/AFP via Getty Images

Nigeria’s economy in 2022: winners and losers

From the economic perspective, the year 2022 will be remembered, by many Nigerians, as a time of dashed hopes and disappointments.
‘Permacrisis’ is Collins Dictionary’s 2022 word of the year, but polycrisis is a more accurate term to describe the world’s ongoing crises and how they’re interacting with one another. (Pixabay)

‘Polycrisis’ may be a buzzword, but it could help us tackle the world’s woes

What’s a polycrisis? We’re in one, and greed and power are undoubtedly worsening it, but our knowledge remains poor. Experts know a lot about individual risks and crises, but not how they interact.

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