Global economic conditions have improved steadily over the past year, thanks to the rollout of COVID-19 vaccines. Most nations, particularly the richest ones, are on track to regain all the ground they lost during the height of the pandemic. But that progress has not been a straight line. Power shortages and supply chain bottlenecks have led to a surge in prices of several goods and services.
Christian Lawrence is a senior cross-asset strategist at Rabobank in New York. He tells us how the global economy regained its footing over the past 12 months, and what prospects are like for 2022.
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