Entries by Kate Mitrofanov

Inflation: a primer

The economic effects of COVID-19 have triggered many questions regarding price dynamics in the aftermath of the pandemic Inflation is affected by many domestic and foreign factors, which often differ between countries. CPI inflation is the most common measure of inflation but is it the most accurate or useful? The COVID-19 pandemic has caused substantial …read more

Government liabilities: the full picture

The debt-to-GDP ratio does not represent the full scope of government liabilities, potentially calling for alternative measures of a government’s default risk. Monetary policy constraints and demographic pressures are likely to call for increases in fiscal spending, further straining governments’ balance sheets The sustainability of a government’s balance sheet is likely to depend on the origin …read more