10 Questions
What is the expected trend for global inflation in 2024 according to the text?
To decline to 3.9%
Which region experienced an uptick in food prices in the second half of 2023?
Africa, South Asia, and Western Asia
What is the main factor influencing core inflation rates in developed economies according to the text?
Rising service sector prices and tight labor markets
What has been a significant driver of food insecurity in developing countries?
High food prices
Which group is particularly vulnerable to food insecurity according to the text?
Women and children
What have major developed country central banks been doing regarding interest rates in 2023?
Raising interest rates
What factor makes the economic prospects for SIDS vulnerable, according to the text?
Increasing impacts of climate change
Which economic event directly affects tourism flows and consumer prices in SIDS?
Fluctuations in oil prices
What was a global trend in the labour market recovery after the pandemic?
Uneven recovery with developing economies facing challenges
Which region struggled with high unemployment rates despite declining rates in Brazil, China, and Türkiye?
Western Asia and Africa
Learn about the projected deterioration of labour market conditions in developing countries in 2024 due to weaker prospects and the impact of monetary tightening. Understand how global inflation, particularly food price inflation, can worsen food insecurity and poverty despite the easing of inflation rates in 2023.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free