Context
The World Bank has come out with a report that holds out the prospect of a global recession in 2023. The report calls for some very delicately-balanced trade-offs in emerging markets and developing economies between fighting inflation and preserving growth.
Background
Analysis
What is the essential problem?
What is the trade-off between growth and inflation?
How RBI manages the situation?
What if the inflation becomes high at a time when economic growth is faltering?
Suggestive measures
The WHO report urges the following measures, apart from monetary, and fiscal measures:
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Verifying, please be patient.