Historic challenges tested the global economy this year, from Russia’s invasion of Ukraine and the sharp slowdown in China to surging inflation and rising interest rates.
Growth prospects are a common thread running through our most-read blogs of 2022, along with rapid inflation, rising borrowing costs, a strong dollar and risks from crypto.
With the economic outlook and monetary policy poised for new challenges next year, here’s a look back at how the world got here. Topping the list is the March blog, by all five directors of the IMF’s area departments, on how the war in Ukraine would likely affect the world’s major regions.