No room for error - 2024 Top Risk #8 | Ian Bremmer on Eurasia Group's Top Risks for 2024

The global inflation shock that began in 2021 will continue to exert a powerful economic and political drag in 2024. Ian Bremmer explains why this is Eurasia Group's #8 top risk for 2024.

Top Risks is Eurasia Group's annual forecast of the political risks that are most likely to play out over the course of the year. This year's report was published on 8 January 2024.

Ian Bremmer, president and founder of Eurasia Group and GZERO Media, and co-author of the report, explains Risk #8: NO ROOM FOR ERROR

The global inflation shock that began in 2021 will continue to exert a powerful economic and political drag in 2024. High-interest rates caused by stubborn inflation will slow growth around the world. With macroeconomic policy buffers largely exhausted, governments will have limited scope to stimulate growth or respond to shocks, heightening the risk of financial stress, social unrest, and political instability.

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