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Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities

In the post-World War II era, the effects of spiraling prices have varied greatly, depending on the quality of a country’s institutions

(Bloomberg Opinion) -- Inflation is often viewed as an economic phenomenon, with mostly economic effects. Policy makers today worry about what inflation will do to the housing market; they express concern about government borrowing costs.

Apr 14, 2022 // As the middle class shrinks around the world, developed economies are taking on attributes of developing economies. Most telling is the emergence of "productive dualism" in developed economies - a split between a narrow modern sector and a larger low-productivity segment, writes Dani Rodrik.

The neoliberal economy was supposed to bring about a utopian world order. Instead, it produced psychological stress and social breakdown.